Triple Net Walgreens
For Sale
Contact for pricing
210 Main St, Waterville, ME 04901
Corporate-backed Walgreens on a triple-net lease with over four years remaining and renewal options.
Property Size14,673 SF
Lot Size2.23 Acres
Price / SF$490.02
Days on Market108
Property Features for 210 Main St
General Information
Standard status
Active
Size
14,673 SF
Lot size
2.23 Acres
Property subtype
RETAIL
Building Details
Year Built
2009
Listing Agency:
CORE
(202) 530-2708
Listed By:
Charles Hippler · License #SA927061
(202) 530-2708
Source:
Moodyscre
Added: Apr 25
Changed: Aug 10
Last Checked: Aug 10 at 10:44AM
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 CORE
Investment Insights
Based on property information with market context.
This corporate-backed Walgreens is offered as a triple-net lease property with over four years remaining and six 5-year renewal options. The 14,673 SF building was constructed in 2009 and is situated on a 2.23-acre parcel.
The property is located at 210 Main Street in Waterville, Maine. Public remarks note Waterville’s role as a hub in Central Maine and highlight local demand drivers tied to healthcare and education, including Colby College and Thomas College.
The current annual rent is $718,391, with scheduled increases over the option periods. The offering is positioned for stable cash flow backed by a nationally recognized tenant.
The property is located at 210 Main Street in Waterville, Maine. Public remarks note Waterville’s role as a hub in Central Maine and highlight local demand drivers tied to healthcare and education, including Colby College and Thomas College.
The current annual rent is $718,391, with scheduled increases over the option periods. The offering is positioned for stable cash flow backed by a nationally recognized tenant.
Key Highlights
- Corporate‑backed Walgreens on a triple‑net lease with over four years remaining
- 6 five‑year renewal options provide extended lease term potential
- Current annual rent is $718,391 with scheduled increases during the option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
73k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 37%
Apparel 10%
Home Improvements & Furnishings 1%
Dollar Tree
Shops & Services
17,237 visits/mo
0.2 miles
Burger King
Dining
15,546 visits/mo
0.2 miles
Mobil
Shops & Services
10,194 visits/mo
0.2 miles
Dunkin' Donuts
Dining
8,626 visits/mo
0.2 miles
Goodwill
Apparel
7,194 visits/mo
0.3 miles
Demographics for 04901, ME
26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Ex Machina Supplements & Nutrition — 59 Main St, Waterville, ME 04901
- Walgreens Pharmacy — 210 Main St, Waterville, ME 04901
- Prafull Kore — 210 Main St, Waterville, ME 049016116
- Paula Fuller — 210 Main St, Waterville, ME 049016116
- Michael Waldron — 210 Main St, Waterville, ME 049016116
Frequently Asked Questions
What type of property is this?
Drug store - Corporate-backed Walgreens on a triple-net lease with over four years remaining and renewal options.
Where is this drug store located?
The property is located at 210 Main St Waterville, ME.
What is the asking price?
The asking price for this property is $7,190,000.
What are key features of this property?
This property features: Corporate‑backed Walgreens on a triple‑net lease with over four years remaining; 6 five‑year renewal options provide extended lease term potential; Current annual rent is $718,391 with scheduled increases during the option periods
