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New Retail/Office Development Space
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424 Payne Rd, Scarborough, ME 04074

Retail/office space in new development with high traffic visibility.

Space Size1,928 SF
Property Size8,085 SF
Days on Market292

Property Features for 424 Payne Rd

General Information

Standard status Active
Size 1,928 SF
Property subtype Retail

Building Details

Building Size 8,085 SF
Year Built 2025

Spaces For Lease

at 424 Payne Rd Contact us

Unit 2

Size
1,928 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Samantha Marinko · License #920832
Source: Boulos
Added: Nov 24, 2025 Changed: Sep 10 Last Checked: Sep 11 at 4:50AM

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 a 1,928 square foot suite available in a new construction retail/office development. The location provides excellent visibility at the intersection of Payne Road and Route 114, with traffic counts of 33,340 AADT. It is situated approximately 1.5 miles from the Maine Turnpike Exit 40 and about 10 minutes from downtown Portland. Nearby businesses include Walmart, Sam’s Club, Lowe’s, Hannaford, and O’Reilly’s Auto Parts. Dirigo Federal Credit Union will also be located in the development.

Key Highlights

  • Excellent visibility at the intersection of Payne Road and Route 114 with high traffic counts (33,340 AADT).
  • New construction retail/office development.
  • 1,928± SF suite currently available.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Garden Center Carpet & Flooring Store Catering Service Barber Shop Computer & Electronic Repair Electrical 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

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
360k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 67% Groceries 11% Dining 8% Shops & Services 7%
Walmart Superstores
169,920 visits/mo 0.5 miles
Sam's Club Superstores
69,912 visits/mo 0.1 miles
Hannaford Groceries
38,751 visits/mo 0.1 miles
Starbucks Dining
24,353 visits/mo 0.3 miles
Cumberland Farms Shops & Services
20,869 visits/mo 0.2 miles

Demographics for 04074, ME

21,952
Population
10,561
Households
2.1
Avg Household Size
46
Median Age
58%
College-Educated
99%
High-School Grad
47.6 sq mi
ZIP Area
461
Density / Sq Mi
$125,642
Median Household Income
$55,955
Median Earnings
$1,821
Median Rent
$502,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office space in new development with high traffic visibility.
Where is this retail space located?
The property is located at 424 Payne Rd Scarborough, ME.
What are key features of this property?
This property features: Excellent visibility at the intersection of Payne Road and Route 114 with high traffic counts (33,340 AADT).; New construction retail/office development.; 1,928± SF suite currently available.
More about this property
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