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Brunswick Industrial Building For Sale

43 Bibber Pkwy, Brunswick, ME 04011

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For Sale

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102,000 SF industrial building on 7.78 acres, 83% occupied.

Type:Industrial

Property size:

102,000 SF

Lot size:

7.78 Acres

Price / SF:

$78/SF

HighLights

Class‑A, 102,000± SF industrial building in Southern Maine's rapidly growing industrial market.
83% occupied by two tenants providing immediate income.
Located in a zone that allows for Tier 4 cannabis cultivation.
Prime location in Brunswick Industrial Park, adjacent to Route One and 4 minutes from I‑295, Exit 28, offering excellent accessibility.
Remaining high bay clear span space available for lease at $7.25 NNN.
Built in 2007.

We can help!

Contact an agent

TC Haffenreffer

For Sale

Contact for pricing

102,000 SF industrial building on 7.78 acres, 83% occupied.

Type:Industrial

Property size:

102,000 SF

Lot size:

7.78 Acres

Price / SF:

$78/SF

Added:: Aug 1, 2017
Days on Market:: 3253
Last Refresh:: Mar 16 at 12:50 pm

Property Features for 43 Bibber Pkwy

General Information

Standard status: Active
Size: 102,000 SF
Lot size: 7.78 Acres
Property subtype: Industrial

Building Details

Year Built: 2007

We can help!

Contact an agent

TC Haffenreffer

Listing office The Dunham Group

Listing date Aug 1, 2017

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 The Dunham Group

HighLights

Class‑A, 102,000± SF industrial building in Southern Maine's rapidly growing industrial market.
83% occupied by two tenants providing immediate income.
Located in a zone that allows for Tier 4 cannabis cultivation.
Prime location in Brunswick Industrial Park, adjacent to Route One and 4 minutes from I‑295, Exit 28, offering excellent accessibility.
Remaining high bay clear span space available for lease at $7.25 NNN.
Built in 2007.

Overview

Located at 43 Bibber Parkway in Brunswick, Maine, this Class-A industrial building offers 102,000 square feet of space on a 7.78-acre lot. The building is currently 83% occupied by two tenants. The remaining space is high bay clear span space offered for lease. Situated in the Brunswick Industrial Park, the property benefits from its proximity to Route One and I-295, Exit 28, providing convenient access to major distribution and business hubs in Maine, including Portland, Lewiston, Augusta, and Bangor. The location is suitable for Tier 4 cannabis cultivation. The Southern Maine industrial market has experienced significant growth over the past 5 years, driven by e-commerce, life science, and last-mile distribution. The Brunswick Industrial Park's central location facilitates access to I-295 and I-95.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$967.0k	$9.48
− Vacancy	−$34.5k	−$0.34
EGI	$932.4k	$9.14
− OpEx	−$279.7k	−$2.74
NOI	$652.7k	$6.40

102,000 SF · lease $9.48/SF/yr · vacancy 3.57% · expense 30.00%

Alternative Uses

Best Use

Industrial

$9.32M

$8.16M – $10.88M (±1% cap)

NOI $652,708 @ 7.0% cap · market cap 8.16%

Second Best

—

no second resolved use

Theoretical Best

Office A

$28.03M

$24.53M – $32.71M (±1% cap)

NOI $1,962,434 @ 7.0% cap · market cap 24.55%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Cannabis Properties

Suggested Use

Location Insight

Map
Local Demand

City: Brunswick
County: Cumberland
State: Maine
Longitude: -70.0060755
Latitude: 43.9097684

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For sale
Industrial properties
ME
Brunswick
04011
43 Bibber Pkwy

What type of property is this?

Industrial property - 102,000 SF industrial building on 7.78 acres, 83% occupied.

Where is this industrial property located?

The property is located at 43 Bibber Pkwy Brunswick, ME.

What is the asking price?

The asking price for this property is $7,995,000.

What are key features of this property?

This property features: Class‑A, 102,000± SF industrial building in Southern Maine's rapidly growing industrial market.; 83% occupied by two tenants providing immediate income.; Located in a zone that allows for Tier 4 cannabis cultivation.