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Property profile & analytics
FOR LEASE
Warehouses

860 Spg St Westbrook, ME 04092-3874

39,820 SF 4.46 ac lot Built 1987
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US42-0377222
No photos on file
For Lease
Contact for pricing 20,000 SF available
860 Spg St, Westbrook, ME 04092-3874
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Property summary
AI-generated overview

This exceptional 20,000-square-foot Class A industrial space in Westbrook, Maine, is a brand-new, single-tenant flex/warehouse/distribution facility built in 2023. Located at 860 Spring Street, within the Colonel Westbrook Executive Park, this property boasts a 25-foot clear ceiling height, two loading docks, and one drive-in door, ensuring efficient operations. The 4.49-acre site offers ample on-site parking and excellent visibility from Spring Street and County Road. Its strategic location provides easy access to major transportation arteries, including Exit 46 of the Maine Turnpike (I-295) and the Portland International Jetport, making it ideal for businesses needing convenient access to regional and national transportation networks. The property is zoned IPD (Industrial Park District) and features a masonry building construction. The building is ready for immediate occupancy. APN: Map 3, Lot 101A. This is a rare opportunity to secure a modern, high-quality industrial space in the Greater Portland submarket. The property's size, features, and location make it an attractive option for a variety of businesses.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 39,820 SF
Lot 4.46 ac (194,278 SF)
Zoning code 19
APN WSBR M:003 L:101-A
UPID US42-0377222
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Trane Supply Big Box & Wholesale Store Building Supply
  • Trane HVAC Service General Contractor
  • Support Services Group ME Telecommunications Service Tech Support Center
  • Trane - Heating & Cooling Services Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.17M
Owner & transaction history
Gwb Cony LLC · 5 yrs held
Gwb Cony LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
19 · Westbrook, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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