Single-Tenant NNN
For Sale
Contact for pricing
800 Gallery Blvd, Scarborough, ME 04074
Corporate lease with scheduled increases and three extension options supports long-term occupancy planning.
Property SizeContact for details
Lot Size2.00 Acres
Days on Market142
Property Features for 800 Gallery Blvd
General Information
Standard status
Active
Lot size
2.00 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
27,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2012
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 2:22AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This single-tenant restaurant property is occupied by Red Robin under a corporate NNN ground lease. The building was constructed in 2012 on a 2-acre parcel, with 6.5 years remaining on the original 15-year term. The lease provides 10% rent increases every five years and includes three additional five-year option periods; the next scheduled increase occurs in 1.5 years.
The property is part of Scarborough Gallery, a 470,000-square-foot shopping center anchored by Walmart Supercenter and Lowe’s Home Improvement. The center also includes Marshalls, HomeGoods, PetSmart, Bob’s Discount Furniture, Mattress Firm, Texas Roadhouse, KFC, and Taco Bell. Positioned near the toll area where travelers exit I-95 and enter I-295, the restaurant is exposed to more than 27,000 vehicles per day and sits 7 miles from downtown Portland.
The property is part of Scarborough Gallery, a 470,000-square-foot shopping center anchored by Walmart Supercenter and Lowe’s Home Improvement. The center also includes Marshalls, HomeGoods, PetSmart, Bob’s Discount Furniture, Mattress Firm, Texas Roadhouse, KFC, and Taco Bell. Positioned near the toll area where travelers exit I-95 and enter I-295, the restaurant is exposed to more than 27,000 vehicles per day and sits 7 miles from downtown Portland.
Key Highlights
- Red Robin occupies the building under a corporate NNN ground lease
- 2012 construction on a 2‑acre parcel
- 6.5 years remaining on the original 15‑year lease term
Property Analytics
Property Profile
Current Use
Lease Details
27,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
455k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 37%
Dining 23%
Shops & Services 13%
Home Improvements & Furnishings 12%
Walmart
Superstores
169,920 visits/mo
0.3 miles
Michaels
Shops & Services
42,820 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
38,505 visits/mo
0.2 miles
Texas Roadhouse
Dining
37,671 visits/mo
0.1 miles
Starbucks
Dining
24,353 visits/mo
0.4 miles
Demographics for 04074, ME
21,952
Population
10,561
Households
2.1
Avg Household Size
46
Median Age
58%
College-Educated
99%
High-School Grad
47.6 sq mi
ZIP Area
461
Density / Sq Mi
$125,642
Median Household Income
$55,955
Median Earnings
$1,821
Median Rent
$502,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corporate lease with scheduled increases and three extension options supports long-term occupancy planning.
Where is this conventional restaurant located?
The property is located at 800 Gallery Blvd Scarborough, ME.
What are key features of this property?
This property features: Red Robin occupies the building under a corporate NNN ground lease; 2012 construction on a 2‑acre parcel; 6.5 years remaining on the original 15‑year lease term
