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    82 Running Hill Rd South Portland, ME 04106

    For Lease
    $13 SF/Yr

    Class A Office Space Available Now

    Lot size:
    116,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3,765 square foot executive office suite is located at 82 Running Hill Road in South Portland, Maine, within a prestigious Class A, four-story office building. The building boasts a total of 116,600 square feet and offers ample on-site parking for tenants and their guests. The suite is part of a multi-tenant building, situated on a generous 12.37-acre lot, providing a tranquil and professional environment. The building features elevators for convenient access to all floors. Its prime location in Cumberland County offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. 82 Running Hill Road is known for its high visibility and desirable location, attracting a distinguished tenant roster including On Semiconductor, Dead River Company, HNTB, and the Federal Aviation Administration. This suite presents a unique opportunity to establish a presence in a highly sought-after South Portland business address, benefiting from the building's excellent amenities and strategic location. The property's Class A designation reflects its superior construction, modern design, and high-quality finishes. This is an ideal space for businesses seeking a professional and well-appointed office environment in a thriving commercial area. The suite is currently vacant and ready for immediate occupancy.

    Property Features for 82 Running Hill Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    116,600 SF
    Class
    A
    Total Rate
    135547.5

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    3,765 SF
    Rate per SF
    $13

    HighLights

    • Class A office space, build‑to‑suit options available.
    • Highly adaptable, flexible floor plans.
    • Prominent signage opportunity on Running Hill Road.
    • Premium Class A finishes throughout the building.
    • Impressive lobby with dedicated meeting spaces.
    • On‑site professional management and 24/7 security surveillance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Hair Salon Nail Salon HVAC Service Wholesale Shop Garden Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3422915
    Latitude
    43.6362266

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space Available Now
    Where is this office property / space located?
    The property is located at 82 Running Hill Rd South Portland, ME.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Class A office space, build-to-suit options available.; Highly adaptable, flexible floor plans.; Prominent signage opportunity on Running Hill Road.
    Request Owner's contact information
    82 Running Hill Rd South Portland, ME 04106
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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
    82 Running Hill Rd South Portland, ME 04106
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