15 Lowell Street Portland, ME 04102

Listing agency Northmarq - Tulsa

Listed by Jeffrey Matulis · License #OK 148554

Source Crexi

Added: Jul 21 Updated: Jul 22 at 5:49PM Checked: Jul 22 at 5:49PM

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Investment Insights

Based on property information with market context.

Stan Johnson Company is pleased to exclusively offer for sale a medical office building and ambulatory surgery center, comprising a 34,000-square-foot facility on an approximately 1.2-acre plot. The property is 100% leased by Maine Eye Center, P.A., and includes fee-simple ownership rights to the building.

The facility is centrally located within a medical epicenter and provides immediate access to I-295, with downtown Portland and Portland Harbor minutes away. Within a half-mile are two major hospitals: Maine Medical Center and Mercy Hospital.

The lease has fourteen (14) years remaining on a fifteen (15) year base term, with four (4), five (5) year renewal options. Rental increases are 2.0% annually, and the expense structure is described as rare and absolute NNN, indicating no landlord responsibilities under the offering materials.

Key Highlights

• 34,000 SF medical office building and ambulatory surgery center at 15 Lowell St, Portland, ME
• Fee‑simple ownership of an approximately 1.2‑acre plot
• 100% leased by Maine Eye Center, P.A.

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FAQs

What type of property is this?

Medical Office Space - Fee-simple ownership of a fully leased medical office building with an ambulatory surgery center.

Where is this medical office space located?

The property is located at 15 Lowell Street Portland, ME.

What are key features of this property?

This property features: 34,000 SF medical office building and ambulatory surgery center at 15 Lowell St, Portland, ME; Fee‑simple ownership of an approximately 1.2‑acre plot; 100% leased by Maine Eye Center, P.A.