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

    71 Us Route 1 Scarborough, ME 04074

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A medical office suites, 976-5,566 sq ft available

    Lot size:
    61,000 SF

    Property Features for 71 Us Route 1

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,000 SF
    Class
    A
    Total Rate
    71166.67

    Spaces For Lease

    at 71 Us Route 1, Scarborough, ME 04074 Contact us
    Unit Suite K

    $14 /Mo

    Size
    976 SF
    Contact us
    Unit Suite D

    $14 /Mo

    Size
    5,361 SF
    Contact us
    Unit Suite G

    $14 /Mo

    Size
    5,566 SF
    Contact us

    We can help!

    Listing Contact
    Chris Craig
    Chris Craig

    Listing Agency: The Dunham Group Listing Agent: Chris Craig

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Class A medical office building, located at 71 US Route One in Scarborough, Maine, offers a unique opportunity for healthcare providers. The 61,000 square foot building features multiple suites, with a minimum divisible space of 976 square feet and a maximum contiguous space of 5,566 square feet. Currently, there are three suites available, totaling 11,903 square feet of vacant space. The building's strategic location directly across from Maine Medical Center's Scarborough campus provides unparalleled visibility and convenience, with easy access from Route One and I-295. Ample parking is available, with a ratio of approximately six spaces per 1,000 square feet. This property is situated in Cumberland County, Maine, and offers a highly desirable location for medical practices seeking a prominent and accessible presence in a thriving community. The building's 04074 zip code ensures easy access for patients and staff. This is an excellent opportunity to establish or expand your medical practice in a first-class setting. Contact us today to learn more about the available suites and lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3174479
    Latitude
    43.6057042

    Nearby Similar for Lease

    • $16 SF/Yr
      3,000 SF

      Scarborough Office or Medical Space

      High-quality office/medical space with ample parking near major routes.
      23 Spring St, Scarborough, ME 04074
      View Details
    • $18 SF/Yr
      5,130 SF

      Scarborough Retail Space Available

      Retail spaces available near Maine Turnpike Exit 42.
      400 Expedition Dr, Scarborough, ME 04074
      View Details
    • Contact for pricing
      2,000 SF

      Restaurant Space Available in Scarborough

      2,000 SF fully built-out restaurant space near Walmart.
      300 Gallery Blvd, Scarborough, ME 04074
      View Details
    • $39,867,188
      33,812 SF

      Scarborough Gateway Shoppes Pad Sites

      Pad sites available for sale or ground lease near Cabela’s.
      260 Payne Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space on US Route 1

      Retail suites available for rent on US Route 1.
      707 Us Route 1, Scarborough, ME 04074
      View Details
    • Contact for pricing
      3,000 SF

      New Retail Space For Lease

      New construction retail space available near major highways.
      91 County Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing
      1,928 SF

      New Retail/Office Development Space

      Retail/office space in new development with high traffic visibility.
      424 Payne Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing
      7,090 SF

      Scarborough Office/Flex Space Available

      14,180±SF office/flex space for lease in Scarborough.
      28 Pond View Dr, Scarborough, ME 04074
      View Details
    • Contact for pricing
      5,106 SF

      Renovated Office Space Available

      Office suites for lease in Scarborough, near Maine Medical Campus.
      8 Science Park Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing
      19,405 SF

      Class A Office Building

      Suburban office building with remarkable amenities and on-site parking.
      6 Ashley Dr, Scarborough, ME 04074
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Mixed-Use Building

      Retail space for lease in The Downs Town Center.
      276 Scarborough Downs Rd, Scarborough, ME
      View Details
    • Contact for pricing
      5,174 SF

      Scarborough Office and Medical Suites

      Class A office and medical suites for lease in Scarborough.
      71 Us-1, Scarborough, ME
      View Details

    FAQs

    What type of property is this?
    Medical office - Class A medical office suites, 976-5,566 sq ft available
    Where is this medical office located?
    The property is located at 71 Us Route 1 Scarborough, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Class A finishes throughout.; Ample on-site parking available.; Centrally located.
    (207) 773-7100 Call to check price and availability
    Request Owner's contact information
    71 Us Route 1 Scarborough, ME 04074
    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.
    71 Us Route 1
    Scarborough, ME 04074
    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
    71 Us Route 1 Scarborough, ME 04074
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Craig
    Chris Craig
    Real Estate License ID: 902345
    (207) 773-7100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!