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Sanford Plaza 1247 Main St 92,282 SF 75% Leased Retail Building Sanford, ME 04073 $7,496,170 CAD ($81.23 CAD/SF) 7.96% Cap Rate
Executive Summary
Sanford Plaza represents a rare opportunity to acquire a stabilized retail asset with strong tenants, long-term income security via inline and ground leases, and future upside potential in a growing market. Ideal for investors seeking immediate cash flow and durable retail tenancy in a supply-constrained regional market.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
A one-acre pad site is available for lease and can accommodate a building footprint of up to approximately 6,000± square feet. The site is highly visible along Main Street, offering prominent signage opportunities and approximately 660± feet of frontage. It benefits from strong traffic exposure with an average of 24,000 cars per day and provides ample on-site parking for customers and employees. The pad site is located within a well-established retail environment alongside Marden’s, Aroma Joe’s, and Bank of America, and is ideally positioned for banks, credit unions, quick-service restaurants, cellular providers, and a variety of other retail uses. LEASE RATE $60,000/year ($5,000 per month.
A 4,900± SF end-cap retail space and a 13,320± SF in-line retail unit are available for lease in a highly visible Main Street location offering prominent signage opportunities and approximately 660± feet of frontage. The property benefits from strong traffic counts averaging 24,000 cars per day and provides ample on-site parking for customers. Tenants will join well-established neighbors including Marden’s, Aroma Joe’s, and Bank of America within the plaza. The site is ideally positioned to accommodate a wide range of uses such as grocery, pharmacy, automotive, dollar stores, gyms, and other retail or service-oriented concepts.
A 4,900± SF end-cap retail space and a 13,320± SF in-line retail unit are available for lease in a highly visible Main Street location offering prominent signage opportunities and approximately 660± feet of frontage. The property benefits from strong traffic counts averaging 24,000 cars per day and provides ample on-site parking for customers. Tenants will join well-established neighbors including Marden’s, Aroma Joe’s, and Bank of America within the plaza. The site is ideally positioned to accommodate a wide range of uses such as grocery, pharmacy, automotive, dollar stores, gyms, and other retail or service-oriented concepts.
| Space | Size | Space Use | Position | Available |
| Pad Site | 6,000 SF | Retail | - | Now |
| Unit 2 | 13,320 SF | Retail | In-Line | Now |
| Unit 4 | 4,900 SF | Retail | End Cap | Now |
Pad Site
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Unit 2
| Size |
| 13,320 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Unit 4
| Size |
| 4,900 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
Pad Site
| Size | 6,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
A one-acre pad site is available for lease and can accommodate a building footprint of up to approximately 6,000± square feet. The site is highly visible along Main Street, offering prominent signage opportunities and approximately 660± feet of frontage. It benefits from strong traffic exposure with an average of 24,000 cars per day and provides ample on-site parking for customers and employees. The pad site is located within a well-established retail environment alongside Marden’s, Aroma Joe’s, and Bank of America, and is ideally positioned for banks, credit unions, quick-service restaurants, cellular providers, and a variety of other retail uses. LEASE RATE $60,000/year ($5,000 per month.
Unit 2
| Size | 13,320 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
A 4,900± SF end-cap retail space and a 13,320± SF in-line retail unit are available for lease in a highly visible Main Street location offering prominent signage opportunities and approximately 660± feet of frontage. The property benefits from strong traffic counts averaging 24,000 cars per day and provides ample on-site parking for customers. Tenants will join well-established neighbors including Marden’s, Aroma Joe’s, and Bank of America within the plaza. The site is ideally positioned to accommodate a wide range of uses such as grocery, pharmacy, automotive, dollar stores, gyms, and other retail or service-oriented concepts.
Unit 4
| Size | 4,900 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
A 4,900± SF end-cap retail space and a 13,320± SF in-line retail unit are available for lease in a highly visible Main Street location offering prominent signage opportunities and approximately 660± feet of frontage. The property benefits from strong traffic counts averaging 24,000 cars per day and provides ample on-site parking for customers. Tenants will join well-established neighbors including Marden’s, Aroma Joe’s, and Bank of America within the plaza. The site is ideally positioned to accommodate a wide range of uses such as grocery, pharmacy, automotive, dollar stores, gyms, and other retail or service-oriented concepts.
Nearby Major Retailers
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Sanford Plaza | 1247 Main St
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