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Retail Space For Lease
For Lease
$20 SF/Yr

198 Maine Mall Rd, South Portland, ME 04106

Retail space available for lease in South Portland, Maine.

Space Size4,200 SF
Property Size96,050 SF
Days on Market196

Property Features for 198 Maine Mall Rd

General Information

Standard status Active
Size 4,200 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 96,050 SF
Year Built 1987

Spaces For Lease

at 198 Maine Mall Rd
198 Maine Mall Road $20/SF/Yr
Size 4,200 SF
Type Neighborhood Center
Term Negotiable
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Sasha Phillips
Source: Boulos
Added: Mar 26 Changed: Sep 11 Last Checked: Oct 5 at 4:33PM

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 Portland

Investment Insights

Based on property information with market context.

This property offers retail space available for lease. It is located on Maine Mall Rd in South Portland, Maine.

Key Highlights

  • Retail space available for lease
  • For lease
  • Year built: 1987

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Garden Center Grocery & Convenience Store Auto Repair Shop HVAC Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby
780k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Apparel 26% Shops & Services 15% Electronics 10%
Macy's Apparel
90,685 visits/mo 0.3 miles
Best Buy Electronics
76,243 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
73,352 visits/mo 0.2 miles
Hannaford Groceries
48,944 visits/mo 0.5 miles
McDonald's Dining
42,203 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for South Portland, ME

$21.99 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
6,125 SF
Avg Space Size

This space is priced 9% below the average of $21.99 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease in South Portland, Maine.
Where is this retail space located?
The property is located at 198 Maine Mall Rd 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: Retail space available for lease; For lease; Year built: 1987
More about this property
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