175 High St Ellsworth, ME 4605
Grocery-anchored and necessity-oriented retail centers in New England.
Type:Retail
Property size:
253,503 SF- Added:
- Aug 23, 2024
- Days on Market:
- 607
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 175 High St
General Information
- Standard status
- Active
- Size
- 253,503 SF
- Property subtype
- Retail
Listing agent Zachary Nitsche License #MA 9574279
Listing office JLL - Boston, Massachusetts
Listing date Aug 23, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of JLL - Boston, Massachusetts
Overview
New England Retail Center Portfolio
The KGI 3 Portfolio offers the opportunity to acquire one grocery-anchored and two necessity-oriented retail centers in New England. The portfolio includes Ellsworth Shopping Center in Ellsworth, ME, Mountain Valley Plaza in Gorham, NH, and Crossroads Plaza in Warwick, RI. Ellsworth Shopping Center spans 101,608 square feet and is 100% occupied, with an in-place NOI of $1,109,070. Major tenants include Shaw's Supermarket, Reny's, and Wendy's. Mountain Valley Plaza comprises 71,000 square feet with 97% occupancy and an in-place NOI of $381,324. Major tenants are Tractor Supply, Marshalls, and Dollar Tree. Crossroads Plaza features 80,895 square feet, 96% occupancy, and an in-place NOI of $701,460. Key tenants include Stop & Shop (master lease), Family Dollar, and Goodwill. The entire portfolio, totaling 253,503 square feet, is offered at a discount to replacement cost with below-market in-place rents and densification opportunities. Individual assets, sub-portfolios, or the full portfolio can be acquired.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
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Location Insight
- Map
- Local Demand
- City
- Ellsworth
- County
- Hancock
- State
- Maine
- Longitude
- -68.4129553
- Latitude
- 44.5347662
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Grocery-anchored and necessity-oriented retail centers in New England.
Where is this shopping center located?
The property is located at 175 High St Ellsworth, ME.
What are key features of this property?
This property features: Anchored by Shaw’s Supermarket and national tenants including Stop & Shop, Marshalls, and Tractor Supply.; Significant discount to replacement cost.; Below‑market in‑place rents offer potential for increased returns.
