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Free-Standing NNN Property
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65 River Rd, Mexico, ME 04257

The tenant renewed the lease through December 31, 2033, with two additional five-year options and scheduled rent increases.

Property SizeContact for details
Days on Market142

Property Features for 65 River Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 7.3%

Building Details

Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Savills
Listed By: Addison Williams · License #MI 6501406933
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:13PM

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 Savills

Investment Insights

Based on property information with market context.

This free-standing property is occupied by Advance Auto Parts, which has operated at the site for over 20 years. An early renewal now runs through December 31, 2033, with 9.8 years remaining and two additional five-year options. The first option includes an 8% rental increase, followed by a 5% increase for the second option.

The lease is structured on a NN+ basis. The tenant is responsible for property expenses other than repairs and maintenance involving the roof, walls, foundation, structure, lot, sidewalks, and major HVAC work. The property is located at 65 River Rd in Mexico, Maine, along the city’s main corridor and next to a Walmart Supercenter.

Key Highlights

  • Advance Auto Parts has operated at the property for over 20 years
  • Lease extended through December 31, 2033, with 9.8 years remaining
  • 7.30% CAP rate stated in the listing

Property Analytics

Current Use

Advance Auto Parts Auto Parts Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Spa & Massage Center HVAC Service Hair Salon

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Electronics 16%
Advance Auto Parts Shops & Services
3,113 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
726 visits/mo 0.4 miles
Verizon Electronics
712 visits/mo 0.5 miles

Demographics for 04257, ME

2,756
Population
1,490
Households
1.8
Avg Household Size
45
Median Age
12%
College-Educated
93%
High-School Grad
23.3 sq mi
ZIP Area
118
Density / Sq Mi
$54,052
Median Household Income
$34,404
Median Earnings
$843
Median Rent
$104,000
Median Home Value

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?
NNN property - The tenant renewed the lease through December 31, 2033, with two additional five-year options and scheduled rent increases.
Where is this nnn property located?
The property is located at 65 River Rd Mexico, ME.
What are key features of this property?
This property features: Advance Auto Parts has operated at the property for over 20 years; Lease extended through December 31, 2033, with 9.8 years remaining; 7.30% CAP rate stated in the listing
More about this property
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