Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    730 Center St Auburn, ME 4210

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail suites and pad site available in busy Auburn plaza.

    Type:RETAIL
    Property size:
    1,500 SF
    Lot size:
    23.36 Acres
    Added:
    Dec 13, 2024
    Days on Market:
    501
    Last Refresh:
    Apr 5 at 8:28 pm

    Property Features for 730 Center St

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    23.36 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 730 Center St Contact us

    We can help!

    Listing Contact
    Frank O'Connor
    Frank O'Connor

    Listing agent Frank O'Connor

    Listing office The Dunham Group

    Listing date Dec 13, 2024

    Source Moodyscre

    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

    Overview

    Auburn Retail Space For Lease

    Four retail suites and a 5,000 square foot retail pad site are available for lease at the Auburn Plaza. The retail center is located in Auburn’s busiest retail corridor on Center Street/Route 4, offering high visibility and traffic counts. The location is near several colleges, hospitals, and institutions. The plaza is currently home to TJ Maxx, Harbor Freight Tools, Planet Fitness, Flagship Cinemas, and Books-A-Million.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Curaleaf ME Auburn (Bike/Boat/Book/etc) Store Stephanie Bates Realtor Real Estate Agency Tiana Lacombe with ... Real Estate Agency LL Flooring Carpet & Flooring Store Home at Last by ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.225
    Latitude
    44.1243

    Nearby Similar for Lease

    • Contact for pricing

      Prime Auburn Commercial Space Available

      5,600 SF commercial space for rent in Auburn's business district.
      747 Minot Ave , Auburn, ME
      View Details
    • $25 SF/Yr

      Retail Space in High-Traffic Center

      Adaptable retail space in a high-traffic location for lease.
      410 Center St, Auburn, ME
      View Details
    • Contact for pricing

      Retail Property on Center Street

      Retail property with two tenants in Auburn, Maine.
      213 Center St, Auburn, ME
      View Details
    • $9 SF/Yr

      Industrial/Warehouse Space Near Turnpike

      Industrial/warehouse space with loading docks and drive-in doors available for lease.
      115 Logistics Dr, Auburn, ME
      View Details
    • $18 SF/Yr

      New Mixed-Use Retail Spaces

      New retail and restaurant spaces in mixed-use building.
      186 main street, Auburn, ME
      View Details
    • $14 SF/Yr

      Retail Space in Florist Mall

      Multiple retail suites available for lease in Auburn, Maine.
      245 Center St, Auburn, ME
      View Details
    • $9 SF/Yr

      Industrial Building in Kittyhawk Park

      12,000 SF industrial property near I-95.
      234 First Flight Dr, Auburn, ME
      View Details
    • $11 SF/Yr

      High-Bay Distribution Space Available

      Pre-permitted distribution space near I-95 and Auburn-Lewiston Airport.
      55 Logistics Dr , Auburn, ME
      View Details
    • $13 SF/Yr

      Industrial/Flex Space For Rent

      2,500± SF industrial/flex space with recent upgrades and convenient location.
      385 Rodman Rd, Auburn, ME
      View Details
    • Contact for pricing

      Retail/Office Space in Auburn

      Retail and office spaces available for lease in Auburn.
      120 Center Street, Auburn, ME 04210
      View Details
    • Contact for pricing

      Industrial Warehouse Suites For Lease

      Industrial warehouse suites available for lease near Maine Turnpike.
      586 Lewiston Junction Rd, Auburn, ME 04210
      View Details
    • Contact for pricing

      Industrial/Flex Space For Rent

      2,500± SF industrial/flex space with recent upgrades.
      385 Rodman Rd, Auburn, ME 04210
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail suites and pad site available in busy Auburn plaza.
    Where is this retail property located?
    The property is located at 730 Center St Auburn, ME.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Located in Auburn's busiest retail corridor (Center Street/Route 4) with excellent visibility and high traffic counts.; Anchored by major retailers including TJ Maxx, Harbor Freight Tools, Planet Fitness, Flagship Cinemas and Books‑A‑Million.; New Target store recently opened across the street, increasing customer traffic.
    (207) 773-7100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Frank O'Connor
    Frank O'Connor
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!