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4 Cloutier Ln Scarborough, ME 04074

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For Sale
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NNN Lease, High NOI, Corporate Tenant

Property size:
20,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 20,000-square-foot warehouse in Scarborough, Maine, situated on a 1.79-acre lot. Built in 2006, the property boasts a 100% occupancy rate with a single corporate tenant under a triple-net (NNN) lease, providing a strong and stable income stream. The lease features a corporate guarantee, mitigating risk. The warehouse features 22' to 24' ceiling heights, two loading docks, and one dock-high door, making it ideal for various industrial uses. The property is zoned I-Industrial and offers potential for expansion by an additional 10,000 square feet. The current net operating income (NOI) stands at $144,996. This sale-leaseback opportunity offers a secure investment with significant upside potential. Offers are due October 30th, 2024. Detailed lease information is available upon request. The property is located at 4 Cloutier Ln, Scarborough, ME 04074.

Property Features for 4 Cloutier Ln

General Information

Property type
Distribution properties
Square Feet
20,000 SF
Lot Size
77,972 SF

Building Details

Year Built
2006

HighLights

  • FOR SALE - Single‑Tenant NNN Investment Property.
  • 20,000 SF warehouse on 1.79 acres, expandable by 10,000 SF.
  • 5‑year NNN lease, 100% occupancy.
  • Net Operating Income (NOI) of $144,996.
  • Confidentiality agreement and lease details available upon request.
  • Offers due October 30th, 2024.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Scarborough
County
Cumberland
State
Maine
Longitude
-70.3586271
Latitude
43.5764062

FAQs

What type of property is this?
Distribution property - NNN Lease, High NOI, Corporate Tenant
Where is this distribution property located?
The property is located at 4 Cloutier Ln Scarborough, ME.
What are key features of this property?
This property features: FOR SALE - Single-Tenant NNN Investment Property.; 20,000 SF warehouse on 1.79 acres, expandable by 10,000 SF.; 5-year NNN lease, 100% occupancy.
More about this property
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