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444 Main Street, Bangor, ME, 04401
Free-Standing Tim Hortons Retail Building

444 Main Street Bangor, ME 04401

For Sale
Contact for pricing

Free-standing Tim Hortons with direct Main Street frontage and a remaining 15-year double net lease term.

Days on Market105

Property Features for 444 Main Street

General Information

Standard status
Active
Property subtype
Retail
Listing Agency: Horvath & Tremblay
Listed By: Kyle Danielson · License #9538605
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 23 at 7:15AM

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 Horvath & Tremblay


Investment Insights

Based on property information with market context.

This free-standing Tim Hortons property is offered for sale on a fee simple basis. The 15-year, double net (NN) lease was signed in November 2008 and provides for 8+ years remaining, along with (3) five-year options. Rental escalations of seven percent are scheduled every five years throughout the base term and option periods.

The property is positioned along Main Street with direct street frontage and is accessible from Interstate 395 via exit 3B. The surrounding area includes national and regional retailers such as People’s United Bank, Dunkin’ Donuts, Shaw’s, Shell Gas, McDonald’s, Subway, and Irving Gas. A Residence Inn Marriott hotel development with 124 rooms is located 0.3 miles from the property.

As a single-tenant, corporate-lease asset, the offering includes the existing leased premises with the remaining lease term and option structure noted above.

Key Highlights

  • Free‑standing Tim Hortons in Bangor, ME with direct Main Street frontage on a newly revitalized thoroughfare
  • 15‑year double net (NN) lease signed in Nov 2008 with 8+ years remaining and (3) five‑year options
  • 7% rental escalations scheduled every five years throughout the base term and option periods

Property Analytics

Location Intelligence

Current Use by Public Records

Tim Hortons Cafe & Coffee Shop

Suggested Use

Auto Parts Store Grocery & Convenience Store Garden Center Furniture & Home Goods Big Box & Wholesale Store Veterinary Clinic Pharmacy Wine and Liquor Store Building Supply (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Retail space - Free-standing Tim Hortons with direct Main Street frontage and a remaining 15-year double net lease term.
Where is this retail space located?
The property is located at 444 Main Street Bangor, ME.
What are key features of this property?
This property features: Free‑standing Tim Hortons in Bangor, ME with direct Main Street frontage on a newly revitalized thoroughfare; 15‑year double net (NN) lease signed in Nov 2008 with 8+ years remaining and (3) five‑year options; 7% rental escalations scheduled every five years throughout the base term and option periods
More about this property
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