Property summary
This exceptional investment opportunity presents a 20,000-square-foot warehouse in Scarborough, Maine, situated on a 1.79-acre lot. Built in 2006, the property boasts a 100% occupancy rate with a single corporate tenant under a triple-net (NNN) lease, providing a strong and stable income stream. The lease features a corporate guarantee, mitigating risk. The warehouse features 22' to 24' ceiling heights, two loading docks, and one dock-high door, making it ideal for various industrial uses. The property is zoned I-Industrial and offers potential for expansion by an additional 10,000 square feet. The current net operating income (NOI) stands at $144,996. This sale-leaseback opportunity offers a secure investment with significant upside potential. Offers are due October 30th, 2024. Detailed lease information is available upon request. The property is located at 4 Cloutier Ln, Scarborough, ME 04074.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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