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1041 Brighton Ave 23,617 SF 100% Leased Retail Building Portland, ME 04102 $7,007,300 CAD ($296.71 CAD/SF) 7.32% Cap Rate
Executive Summary
100% OCCUPIED MULTI-TENANT RETAIL PLAZA
•Highly visible location with traffic counts of 25,000± cars/day on Brighton Avenue across from Lowes
•Close proximity to Rock Row in Westbrook and I-95
•Large pylon and building signage
•Parking lot redone within the past few years, as well as other building improvements made, including a large section of the roof and replacement of several HVAC units
•Diversified with twelve (12) tenants
•Potential low-rate mortgage assumption available. See Broker for details
•Highly visible location with traffic counts of 25,000± cars/day on Brighton Avenue across from Lowes
•Close proximity to Rock Row in Westbrook and I-95
•Large pylon and building signage
•Parking lot redone within the past few years, as well as other building improvements made, including a large section of the roof and replacement of several HVAC units
•Diversified with twelve (12) tenants
•Potential low-rate mortgage assumption available. See Broker for details
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
23,617 SF
Building Class
C
Year Built
1988
Price
$7,007,300 CAD
Price Per SF
$296.71 CAD
Cap Rate
7.32%
NOI
$512,934 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.39 AC
Zoning
B-2 - Business Community
Frontage
237’ on Brighton Ave
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PTLD-000274-000000-D001001 | Improvements Assessment | $4,713,552 CAD |
| Land Assessment | $2,476,496 CAD | Total Assessment | $7,190,048 CAD |
Property Taxes
Parcel Number
PTLD-000274-000000-D001001
Land Assessment
$2,476,496 CAD
Improvements Assessment
$4,713,552 CAD
Total Assessment
$7,190,048 CAD
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1041 Brighton Ave
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