Mixed-Use
For Lease
$30.83 SF/Yr
40 Free Street, Portland, ME 04101
Lease opportunity within a 2020 building on Free Street in Downtown Portland.
Space Size1,709 SF
Property Size50,000 SF
Days on Market91
Property Features for 40 Free Street
General Information
Standard status
Active
Size
1,709 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Space Use
Retail
Building Details
Building Size
50,000 SF
Year Built
2020
Spaces For Lease
at 40 Free Street Contact us- Size
- 1,709 SF
- Type
- Street Retail
- Term
- Negotiable
Unit A (Sublease) $30.83/SF/Yr
Listing Agency:
The Boulos Company Portland
(207) 240-0032
Listed By:
Derek Miller · License #918125
(207) 240-0032
Source:
Boulos
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 31 at 1:27PM
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 mixed-use building offers approximately 50,000 SF of space at 40 Free Street. Constructed in 2020, the property is positioned in Downtown Portland and is available for lease. Its mixed-use classification supports a range of commercial occupancy considerations within a substantial, recently built asset.
Key Highlights
- Approximately 50,000± SF mixed‑use building
- Constructed in 2020
- Located at 40 Free Street, Portland, ME 04101
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.62 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,425
Businesses Nearby
210k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Hotels & Casinos 13%
Shops & Services 13%
Dining 12%
Trader Joe's
Groceries
68,293 visits/mo
0.4 miles
Whole Foods Market
Groceries
44,366 visits/mo
0.4 miles
Hampton Inn Portland Downtown Waterfront
Hotels & Casinos
14,714 visits/mo
0.4 miles
Circle K
Shops & Services
12,170 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
11,557 visits/mo
0.5 miles
Demographics for 04101, ME
18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Lease opportunity within a 2020 building on Free Street in Downtown Portland.
Where is this mixed-use property located?
The property is located at 40 Free Street Portland, ME.
What is the lease rate?
The lease rate is $30.83 SF/Yr.
What are key features of this property?
This property features: Approximately 50,000± SF mixed‑use building; Constructed in 2020; Located at 40 Free Street, Portland, ME 04101
