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    730 Center St Auburn, ME 04210

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Auburn, ME retail center

    Lot size:
    256,798 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Auburn Plaza, located at 730 Center Street, Auburn, ME 04210, presents a unique opportunity for retail businesses seeking high-visibility locations in a thriving market. This 256,798 square foot retail center sits on 23.96 acres and boasts ample on-site parking. Currently, the property is 95% occupied with a diverse tenant mix, including four investment-grade credit tenants (TJ Maxx, Big Lots, Army Recruiting, and Dollar Tree) representing 29% of the center. Three suites are available, ranging from 1,500 to 10,997 contiguous square feet, offering flexibility for various business needs. The minimum divisible space is 1,500 square feet. The property is zoned General Business (GB) and benefits from its location on US Route 4 (Center Street), a major thoroughfare in the Lewiston/Auburn retail corridor, experiencing over 23,000 cars daily. The area is further enhanced by the recent opening of a Target across the street, driving increased traffic and customer flow. Auburn Plaza's strategic location near colleges, hospitals, and other institutions ensures a consistent stream of potential customers. This prime retail space offers excellent visibility and high traffic counts, making it an ideal location for businesses seeking significant growth potential within Androscoggin County. The property consists of a total of three suites. Currently, 14,897 square feet of space is vacant.

    Property Features for 730 Center St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    256,798 SF
    Total Rate
    256798

    Unit(s) available at that property

    Space
    Suite 1
    Size
    2,400 SF
    Rate per SF
    $18
    Space
    Suite 2
    Size
    10,997 SF
    Rate per SF
    $18
    Space
    Suite 6
    Size
    1,500 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Curaleaf ME Auburn Cannabis Store Stephanie Bates Realtor Real Estate Agent Tiana Lacombe with ... Real Estate Agent LL Flooring Flooring Store Home at Last by ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -70.2255123
    Latitude
    44.1272061

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    FAQs

    What type of property is this?
    Retail property - Prime Auburn, ME retail center
    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 $18 SF/Yr.
    Request Owner's contact information
    730 Center St Auburn, ME 04210
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    Auburn, ME 04210
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    Realmo Value Estimation

    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.

    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.

    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
    730 Center St Auburn, ME 04210
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