Property profile

40-75 Wells Plz Wells, ME 04090

OFF-MARKET
Strip malls
93,263 SF 15.03 ac lot Built 1973
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Property summary

AI-generated overview

This exceptional retail opportunity presents two available inline spaces within the well-established Wells Plaza, a 93,263 square foot retail strip center situated on 15.03 acres in York County's desirable Wells/Berwick submarket. The property boasts a Class B rating, having been built in 1973 and renovated in 1990. The two-building, single-story complex offers a total of 12 suites, with a minimum divisible space of 1,676 square feet and a maximum of 3,274 square feet (based on available units). The center benefits from high visibility and excellent traffic flow due to its strategic location on Post Road/US Route One. Strong co-tenancy is provided by established businesses such as Hannaford, Flagship Cinemas, and Reny's. Ample parking is available for customers and employees, with a total of 633 spaces. The property is zoned GB - General Business (Map 121, Lot 024) and features all necessary power. Elevators are not present. This is an ideal location for businesses seeking high traffic exposure and a strong tenant mix in a well-maintained retail center. The property offers a unique opportunity to establish or expand your business in a thriving commercial area.

Property profile

Verified
Property type Strip malls
Year built 1973
Total area 93,263 SF
Lot 15.03 ac (654,707 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

40-75 Wells Plz Wells, ME 04090
Wells metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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