Walgreens Property in Farmington,
317 Main St, Farmington, ME 04938
Absolute NNN lease with renewal options and rent increases.
Type:Retail
Property size:
14,775 SFPrice / SF:
$263/SF- Added:
- Feb 26, 2026
- Days on Market:
- 75
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 317 Main St
General Information
- Standard status
- Active
- Size
- 14,775 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agent Jason Pongsrikul License #CA 01918332
Listing office Pharma Property Group
Listing date Feb 26, 2026
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 Pharma Property Group
HighLights
- Absolute net lease with no landlord responsibilities.
- Limited drugstore competition: No other Walgreens within 13 miles and no CVS locations within 26 miles.
- Six (5‑year) renewal options with rent increases in option periods.
- Only national drugstore near MaineHealth Franklin Memorial Hospital.
- Located on Route 27, a corridor connecting to the Canada–U.S. border.
- Near the University of Maine at Farmington.
Overview
The Walgreens property, situated at 317 Main Street, Farmington, ME 04938, is available for sale. The asset operates under an absolute net lease, transferring all landlord responsibilities to the tenant. The lease includes six 5-year renewal options, with rent increases of 10% scheduled during the first and third option periods. The property benefits from limited drugstore competition, with no other Walgreens within a 13-mile radius and no CVS locations within 26 miles, establishing it as the primary pharmacy provider in the area. It is the only national drugstore near MaineHealth Franklin Memorial Hospital, the region’s only full-service medical facility. The site is positioned along Route 27, a corridor connecting to the Canada–U.S. border at Coburn Gore, approximately 80 miles to the north. The University of Maine at Farmington, with an enrollment of 1,837 students and 149 faculty and staff, is located nearby. The property size is 14,775 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
- Walgreens Pharmacy — 317 Main St, Farmington, ME 04938
- COVID-19 Drive-Thru Testing at Walgreens — 317 Main St, Farmington, ME 04938
- Mychal Ward-Pistone — 317 Main St, Farmington, ME 049385803
- Marcia Rowland — 317 Main St, Farmington, ME 049385803
- Robert Witt — 317 Main St, Farmington, ME 049385803
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Franklin
- State
- Maine
- Longitude
- -70.1495626
- Latitude
- 44.6637764
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Absolute NNN lease with renewal options and rent increases.
Where is this drug store located?
The property is located at 317 Main St Farmington, ME.
What is the asking price?
The asking price for this property is $3,890,083.
What are key features of this property?
This property features: Absolute net lease with no landlord responsibilities.; Limited drugstore competition: **No other Walgreens within 13 miles and no CVS locations within 26 miles.**; Six (5‑year) renewal options with rent increases in option periods.
