Two Maine Walgreens For
Auburn &, Fort Kent, ME
Single-tenant Walgreens properties in Auburn and Fort Kent, Maine.
- Added:
- Nov 25, 2025
- Days on Market:
- 177
- Last Refresh:
- Feb 17 at 8:52 pm
Property Features for Auburn &
General Information
- Standard status
- Active
Building Details
- Year Built
- 1996
Listing agent Trevor Morse License #CalDRE #01996197 (415) 274-2714
Listing office CP Partners (415) 274-2714
Listing date Nov 25, 2025
Source Cppcre
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 CP Partners
HighLights
- Two single‑tenant Walgreens properties (Auburn & Fort Kent, ME) available together or individually.
- Passive lease structures with minimal Landlord expense obligations and scheduled rental increases.
- Auburn Walgreens lease extends to 5/31/2032 with 5% rental increases every 5 years starting 6/1/2027.
- Fort Kent Walgreens lease includes a 10% rental increase at the start of the first option period and every 10 years thereafter.
- Both properties are located at signalized intersections with strong visibility, monument signage, and pharmacy drive‑thrus.
- Fort Kent property features a recently replaced roof and HVAC (2022) with a transferable 20‑year roof warranty.
Overview
Two single-tenant Walgreens properties are available, either individually or together, in Maine. Both properties feature passive lease structures requiring minimal landlord expense obligations. The stores have low rents for Walgreens, with scheduled rental increases during the primary term and option periods. The Auburn lease extends through May 31, 2032, and includes five 5-year options. The Fort Kent lease runs through October 31, 2027, and includes five 5-year options with a 10% increase at the start of the first option. Both properties are located at signalized intersections, offering strong visibility and monument signage, and each includes a pharmacy drive-thru. The Auburn property has operated as a pharmacy for over 25 years. Walgreens executed an early 10-year extension in 2019, extending the current term through May 31, 2032. A 5% rental increase is scheduled for June 1, 2027, with subsequent 5% increases every 5 years. The property is approximately 30 miles northeast of Portland, ME. The Fort Kent lease runs through October 31, 2027, with a 10% rental increase at the start of the next option period and every 10 years thereafter. The HVAC and roof were replaced in 2022, and the 20-year roof warranty is transferrable. Fort Kent serves as a port of entry into Canada, serving nearby Canadian towns.
Location Intelligence
Current Use by Public Records
Drug stores
Map
- City
- Fort Kent
- County
- Aroostook
- State
- Maine
- Longitude
- -68.4782
- Latitude
- 47.252
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Single-tenant Walgreens properties in Auburn and Fort Kent, Maine.
Where is this drug store located?
The property is located at Auburn & Fort Kent, ME.
What are key features of this property?
This property features: Two single‑tenant Walgreens properties (Auburn & Fort Kent, ME) available together or individually.; Passive lease structures with minimal Landlord expense obligations and scheduled rental increases.; Auburn Walgreens lease extends to 5/31/2032 with 5% rental increases every 5 years starting 6/1/2027.
