End-Cap Retail
180 Waterman Drive, South Portland, ME 04106
For Lease
New
$20 SF/Yr
Restaurant-ready space includes installed grease and exhaust infrastructure, with on-site parking available to plaza tenants.
Space Size3,005 SF - 3,844 SF
Property Size83,796 SF
Days on Market2
Property Features for 180 Waterman Drive
General Information
Standard status
Size
Net Rentable
Property subtype
Lease Type
Lease Term
Additional Details
Available Space
Lease Rate
Building Details
Building Size
Year Built
Spaces For Lease
at 180 Waterman Drive Contact usEnd Cap - Unit 7 $20/SF/Yr
Size
3,005 SF
Type
Strip Center
Term
Negotiable
In-Line Unit 6A $20/SF/Yr
Size
3,844 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
The Boulos Company
Listed By:
Claire Richardson
(207) 880-4607
Source:
Boulos
Added: Nov 6
Last Checked: Nov 6 at 2:49PM
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 The Boulos Company
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Investment Insights
Based on property information with market context.
The 1990 retail plaza offers a 3,005± SF end-cap and a 3,844± SF in-line space; the two can be joined for 6,849± SF. The end-cap has a grease trap and vent ducting in place for restaurant use. The property has undergone renovation and is professionally managed, with on-site parking.
At 180 Waterman Drive in South Portland, the plaza is in the Mill Creek Core District, borders Knightville, and is minutes from downtown Portland.
At 180 Waterman Drive in South Portland, the plaza is in the Mill Creek Core District, borders Knightville, and is minutes from downtown Portland.
Key Highlights
- 3,005± SF end‑cap and 3,844± SF in‑line space, combinable for 6,849± SF
- End‑cap includes a grease trap and vent ducting
- On‑site parking at a renovated, professionally managed retail plaza
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Dining 30%
Shops & Services 27%
Apparel 6%
Hannaford
Groceries
30,094 visits/mo
0.3 miles
McDonald's
Dining
19,502 visits/mo
0.0 miles
Shaw's Supermarket
Groceries
19,360 visits/mo
0.1 miles
Dunkin' Donuts
Dining
12,680 visits/mo
0.2 miles
Starbucks
Dining
11,610 visits/mo
0.2 miles
Demographics for 04106, ME
26,641
Population
12,849
Households
2.1
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
2,184
Density / Sq Mi
$83,744
Median Household Income
$47,818
Median Earnings
$1,642
Median Rent
$403,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for South Portland, ME
$20.52 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
7,281 SF
Avg Space Size
This space is priced 3% below the average of $20.52 /SF/Yr.
Properties on Market for Retail space in Cumberland County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Restaurant-ready space includes installed grease and exhaust infrastructure, with on-site parking available to plaza tenants.
Where is this retail space located?
The property is located at 180 Waterman Drive South Portland, ME.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 3,005± SF end‑cap and 3,844± SF in‑line space, combinable for 6,849± SF; End‑cap includes a grease trap and vent ducting; On‑site parking at a renovated, professionally managed retail plaza
