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Flex Space with Yard
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222 Gannett Dr, South Portland, ME 04106

Dedicated office and warehouse areas allow for administrative work alongside storage and operations.

Space Size10,040 SF
Days on Market18

Property Features for 222 Gannett Dr

General Information

Standard status Active
Size 10,040 SF
Net Rentable 10,040 SF
Class Class A
Property subtype INDUSTRIAL
Lease Type NNN

Space & Availability

Available Space 10,040 SF
Contiguous Space 10,040 SF

Spaces For Lease

at 222 Gannett Dr
10,040+/- SF Class A Warehouse & Office $12/SF/Yr
Floor 1
Size 10,040 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE
Sublease No
Strategically located in South Portland, 222 Gannett Drive offers ±10,040 SF of Class A industrial, warehouse/distribution, and office space, complemented by a large parking lot and yard area. The property also offers significant expansion potential, with the ability to add approximately 5,000–10,000 SF of additional building area, subject to applicable approvals. The property features a flexible and highly functional layout suitable for a wide range of commercial applications, including distribution, contractors, service businesses, fitness, light industrial, warehouse, showroom/warehouse, and other light industrial operations. The building includes a 14-ft. overhead door, three restrooms, dedicated office space, and functional warehouse areas designed to accommodate a variety of business needs. The expansive parking and yard areas provide additional flexibility for employee and customer parking, deliveries, equipment, vehicles, and outdoor storage, subject to applicable regulations. A significant benefit of the property is its future expansion potential. The existing site may accommodate an additional approximately 5,000–10,000 SF of building area, providing an opportunity for an owner-user or investor to expand the facility as business needs grow, subject to site conditions and municipal approvals. Located in South Portland's established commercial market, 222 Gannett Drive offers convenient access to major transportation routes and is in close proximity to surrounding retail, residential neighborhoods, and the broader Greater Portland business community. 222 Gannett Drive presents a rare combination of quality Class A industrial space, substantial parking and yard area, functionality, and future expansion potential in one of Greater Portland's most accessible commercial markets.
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Listing Agency: Fishman Realty Group, Inc.
Listed By: Marc R. Fishman · License #BA901721
Source: Moodyscre
Added: Sep 23 Changed: Oct 7 Last Checked: Oct 7 at 2:48PM

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 Fishman Realty Group, Inc.

Investment Insights

Based on property information with market context.

This 10,040-square-foot Class A flex property in South Portland combines office space with warehouse areas. Building features include a 14-foot overhead door and three restrooms, with a large parking lot and yard on site. The layout can accommodate distribution, contractor, service, fitness, light industrial, and showroom/warehouse operations, subject to applicable regulations for outdoor storage and other uses.

The site may support approximately 5,000–10,000 SF of additional building area, subject to site conditions and municipal approvals. The property is near retail and residential areas and offers access to major transportation routes in the Greater Portland business area.

Key Highlights

  • 10,040 SF of Class A flex space
  • 14‑foot overhead door and three restrooms
  • Large parking lot and yard area

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Storage Facility Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Hair Salon

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Dedicated office and warehouse areas allow for administrative work alongside storage and operations.
Where is this flex space located?
The property is located at 222 Gannett Dr South Portland, ME.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 10,040 SF of Class A flex space; 14‑foot overhead door and three restrooms; Large parking lot and yard area
(207) 671-6272 Call to check price and availability
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