363 Main Street, South Portland, ME
Retail for Sale - $1,200,000 - 4,012 Sq. Ft. on 0.31 acres
Property Info
| CIMLS# | 973366 |
| Location 363 Main Street South Portland ME 04106 | |
| Updated | February 5th, 2018 |
| Type | Retail |
| Price | $1,200,000 |
| Building | 4,012 Sq. Ft. |
| Land | 0.31 acres |
Property Description
The Net Leased Investment Group for Coldwell Banker Commercial is pleased to offer for sale the 4,012 square foot Jiffy Lube in South Portland, Maine. This Jiffy Lube is centrally located in South Portland, ME on the major north-south thoroughfare, Main Street, which is also near Interstate 295. The absolute net leased property (zero landlord responsibilities) is leased through December 2021 with four (4) options to renew of five (5) years each. The primary lease term has 2% rent increases annually.
This Jiffy Lube is located less than three miles away from The Maine Mall and less than 4 miles away from Portland International Jetport.
Location Description:
South Portland.
Highlights:
>> Absolute NNN Lease
>> Zero Landlord Responsibilities
>> $81,084
>> 2% Annual Rent Increases
>> 95 Unit Franchisee