Westbrook Industrial Distribution/Headquarters
41 Eisenhower Dr Westbrook, ME 04092
41 Eisenhower Dr, Westbrook, ME, 04092
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For Sale
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61,000+ SF turnkey industrial building near Portland Jetport.
Property Size61,120 SF
Lot Size6.00 Acres
Price / SF$143.16
Days on Market1056
Property Features for 41 Eisenhower Dr
General Information
- Standard status
- Active
- Size
- 61,120 SF
- Lot size
- 6.00 Acres
- Property subtype
- Industrial
Listing Agency
Exp Realty
(207) 318-9984
Listed by
Michael Rogers · License #ME BR900937
Source
Crexi
Added: Aug 26, 2023 Checked: Jul 15 at 8:43 pm
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 Exp Realty
Investment Insights
Based on property information with market context.
This Greater Portland logistics hub is centrally located in proximity to the Maine Turnpike (I95), Portland Jetport, and I295. The property features a well-maintained 61,000+ SF pre-engineered metal building, constructed by Butler Manufacturing/Varco Pruden, and is in turnkey condition. The building is suited for a user seeking a regional distribution or headquarters presence. The existing office space could be expanded to 19,500 +/- SF by converting the demo room and old warehouse space. This property offers a solution for users seeking to bypass a two-plus year land search, design, approvals, and construction project timeline for a distribution hub.
Key Highlights
- Prime logistics hub location in Greater Portland, near Maine Turnpike (I95), Portland Jetport, and I295.
- Turnkey, well‑maintained 61,000+ SF pre‑engineered metal building.
- Potential to increase office space to 19,500 +/- SF.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $579.4k | $9.48 |
| − Vacancy | −$20.7k | −$0.34 |
| EGI | $558.7k | $9.14 |
| − OpEx | −$83.8k | −$1.37 |
| NOI | $474.9k | $7.77 |
61,120 SF · lease $9.48/SF/yr · vacancy 3.57% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.78M
$5.94M – $7.92M
NOI $474,923 @ 7.0% cap · market cap 5.43%
Second Best
Industrial
$5.59M
$4.89M – $6.52M
NOI $391,113 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$16.80M
$14.70M – $19.60M
NOI $1,175,921 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kardex Remstar US
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - 61,000+ SF turnkey industrial building near Portland Jetport.
Where is this distribution center located?
The property is located at 41 Eisenhower Dr Westbrook, ME.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Prime logistics hub location in Greater Portland, near Maine Turnpike (I95), Portland Jetport, and I295.; **Turnkey, well‑maintained 61,000+ SF pre‑engineered metal building.**; Potential to increase office space to 19,500 +/- SF.
