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Portland Retail/Office Suites for Lease
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332 Forest Ave, Portland, ME 04101

Two retail/office suites available in highly visible Portland location.

Space Size2,309 SF - 5,798 SF
Property Size15,781 SF
Days on Market853

Property Features for 332 Forest Ave

General Information

Standard status Active
Size 2,309 SF - 5,798 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 15,781 SF
Year Built 1962
Tenancy Multiple

Spaces For Lease

at 332 Forest Ave Contact us

Suite A

Size
5,798 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite E

Size
2,309 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: The Dunham Group
Listed By: Katie Breggia · License #ME 917817
Source: Crexi
Added: Apr 22, 2024 Changed: Aug 18 Last Checked: Aug 21 at 7:40AM

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 The Dunham Group

Investment Insights

Based on property information with market context.

Two retail/office suites are available for lease at 332 Forest Avenue in Portland. The location, known as University Plaza, offers high visibility at a lighted intersection and provides excellent signage potential. The building is located adjacent to the University of Southern Maine and Exit 6 of I-295. Current tenants include Distinctive Tile & Design, Kitchen Cove Cabinetry, and Eurofins.

Key Highlights

  • Highly visible location at a lighted intersection.
  • Excellent signage potential.
  • Adjacent to the University of Southern Maine.

Property Analytics

Current Use

Maine Needs Charitable Organization

Suggested Use

Top Pick Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith HVAC Service Clothing & Fashion 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

1,663
Businesses Nearby

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail/office suites available in highly visible Portland location.
Where is this retail space located?
The property is located at 332 Forest Ave Portland, ME.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Highly visible location at a lighted intersection.; Excellent signage potential.; Adjacent to the University of Southern Maine.
(207) 773-7100 Call to check price and availability
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