442 US Route 1, Scarborough, ME
26,464 SF retail plaza on US Route One.
- Added:
- Aug 8, 2022
- Days on Market:
- 1405
- Last Refresh:
- May 20 at 8:37 pm
Property Features for 442 US Route 1
General Information
- Standard status
- Active
- Size
- 26,464 SF
- Lot size
- 5.53 Acres
- Property subtype
- RETAIL
Listing agent Mark Malone License #911380 (207) 772-2422
Listing office Malone Commercial Brokers (207) 772-2422
Listing date Aug 8, 2022
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Malone Commercial Brokers
HighLights
- Fully‑leased retail plaza with established tenants providing immediate income
- High visibility location on US Route One with substantial traffic flow
- Strong 2024 Net Operating Income (NOI) of $343,225
- Substantial parking with 100 spaces
- Prominent pylon sign for tenant visibility
- Total building square footage of 26,464 SF
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $476.4k | $18.00 |
| − Vacancy | −$81.0k | −$3.06 |
| EGI | $395.4k | $14.94 |
| − OpEx | −$118.6k | −$4.48 |
| NOI | $276.8k | $10.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3601
- Latitude
- 43.5843
