Single-Tenant Walgreens
For Sale
Contact for pricing
84 E Main St, Fort Kent, ME 04743
Single-tenant Walgreens on E Main St with roof and HVAC replacements in 2022.
Property Size11,180 SF
Price / SF$232.11
Days on Market196
Property Features for 84 E Main St
General Information
Standard status
Active
Size
11,180 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
CP Partners
(415) 274-2700
Listed By:
Trevor Morse · License #01996197
(415) 274-2714
Source:
Moodyscre
Added: Feb 24
Changed: Aug 26
Last Checked: Aug 14 at 7:44AM
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 CP Partners
Investment Insights
Based on property information with market context.
This offering is a single-tenant Walgreens store in Fort Kent, Maine. The property has operated as a pharmacy store for 25+ years, reflecting long-term continuity in the local market. Per the seller’s remarks, the roof and HVAC were replaced in 2022, which helps minimize landlord expense obligations.
Fort Kent is described as a historic U.S.–Canada border town and a port of entry into Canada, serving nearby Canadian towns. The property is positioned as the only national pharmacy serving this market.
Walgreens is currently paying a base rent of $190,697, with an investor benefiting from a 10% rent bump at the start of the next option. The location reports $7MM+ in store sales, supporting a strong rent-to-sales relationship based on the seller’s provided figures.
Fort Kent is described as a historic U.S.–Canada border town and a port of entry into Canada, serving nearby Canadian towns. The property is positioned as the only national pharmacy serving this market.
Walgreens is currently paying a base rent of $190,697, with an investor benefiting from a 10% rent bump at the start of the next option. The location reports $7MM+ in store sales, supporting a strong rent-to-sales relationship based on the seller’s provided figures.
Key Highlights
- Single‑tenant Walgreens store on E Main St in Fort Kent, ME
- Walgreens paying $190,697 base rent, with a 10% rent bump at the start of the next option
- Reported $7MM+ in store sales, supporting a healthy rent‑to‑sales ratio
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04743, ME
4,625
Population
2,396
Households
1.9
Avg Household Size
46
Median Age
31%
College-Educated
92%
High-School Grad
166.2 sq mi
ZIP Area
28
Density / Sq Mi
$61,628
Median Household Income
$48,036
Median Earnings
$822
Median Rent
$136,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- West Main Pharmacy — 342 W Main St, Fort Kent, ME 04743
- St. John Valley Pharmacy — 182 Market St Suite 2, Fort Kent, ME 04743
- Walgreens Pharmacy — 84 E Main St, Fort Kent, ME 04743
- Janice A. Collins, RPH — 84 E Main St, Fort Kent, ME 04743
- COVID-19 Drive-Thru Testing at Walgreens — 84 E Main St, Fort Kent, ME 04743
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens on E Main St with roof and HVAC replacements in 2022.
Where is this drug store located?
The property is located at 84 E Main St Fort Kent, ME.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Single‑tenant Walgreens store on E Main St in Fort Kent, ME; Walgreens paying $190,697 base rent, with a 10% rent bump at the start of the next option; Reported $7MM+ in store sales, supporting a healthy rent‑to‑sales ratio
