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Class A Office Building
For Lease
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202 Larrabee Rd, Westbrook, ME 04092

Class A office building in Westbrook, Maine for lease.

Space Size1,650 SF - 8,638 SF
Property Size24,419 SF
Days on Market953

Property Features for 202 Larrabee Rd

General Information

Standard status Active
Size 1,650 SF - 8,638 SF
Class A
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 24,419 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 202 Larrabee Rd Contact us

Suite 103

Size
4,003 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 104

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 105

Size
2,985 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 106

Size
1,650 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suites 105, 103, & 106 Combined

Size
8,638 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Compass Commercial Brokers
Listed By: Steve Baumann · License #ME
Source: Crexi
Added: Jan 22, 2024 Changed: Aug 25 Last Checked: Sep 1 at 11:09AM

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 Compass Commercial Brokers

Investment Insights

Based on property information with market context.

Located in Westbrook, Maine, 202 Larrabee Road is a 24,419± square foot Class A office building available for lease. The property is positioned on the Portland/Westbrook line, near Exit 48 of the Maine Turnpike (I-95) and Rock Row, a destination for retail, dining, and entertainment. The building features Class A finishes, flexible office layouts, and on-site parking. The property is suitable for professional users. It is anchored by Empeople Credit Union and Maine Strong Balance Center and is surrounded by national retailers and restaurants such as Market Basket, Chick-fil-A, REI, Starbucks, Cowbell, Big Fin Poke, and Firehouse Subs. The property offers visibility in a high-traffic area.

Key Highlights

  • Class A office building featuring high‑end finishes and flexible layouts.
  • Prime location on the Portland/Westbrook line, near Maine Turnpike Exit 48 (I‑95).
  • Proximity to Rock Row offering retail, dining, and entertainment options.

Property Analytics

Current Use

ATM Atm Infinity CU Operations ... Telecommunications Service Empeople Credit Union Credit Union

Suggested Use

Top Pick Law Firm Electrical Service Real Estate Agency Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 04092, ME

20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building in Westbrook, Maine for lease.
Where is this office building located?
The property is located at 202 Larrabee Rd Westbrook, ME.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Class A office building featuring high‑end finishes and flexible layouts.; Prime location on the Portland/Westbrook line, near Maine Turnpike Exit 48 (I‑95).; Proximity to Rock Row offering retail, dining, and entertainment options.
(207) 831-4063 Call to check price and availability
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