$35,000/yr NNN Ground Lease

Negotiable Build to Suit

Location Description:

This Rite Aid pad site is located at the intersection of Main St. (U.S. Route 1) and Broadway in South Portland Maine's thriving Cash Corner neighborhood.

Just 2 miles from Portland's peninsula, South Portland has seen a spillover effect of increased rents, new multifamily housing developments, and historically low vacancy rates. Cash Corner's older building inventory and unique proximity to both Portland's Old Port and Interstate 95 make it the most coveted area of South Portland for new development.

As shown in the retailer map in the Location Information section, there is a clear lack of retail and service oriented businesses to serve the population in the area. The high traffic counts and visibility of this site make it the most desirable location in the market.

Highlights:

>> Pharmacy Pad Site

>> 14,000 AADT

>> Lack of Service Businesses in Area

Space Available:

There is 1 space available. The minimum space available is 43,560 SF and the maximum contiguous is 43,560 SF.

Pad Site

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>> 43,560

>> $0.80/SF/year (NNN Lease)

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