Share This Listing

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Located at a lighted intersection in the heart of Lincoln’s retail district

Executive Summary

12,967± SF freestanding retail building leased to Walgreens (NASDAQ: WBA)
Leased through October 31, 2027
Features a drive-thru, excellent signage
Located at a lighted intersection in the heart of Lincoln’s retail district
Net Operating Income: $122,979
Sale Price: $1,537,237 (8% Cap)

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,967 SF
Building Class
C
Year Built
1997
Price
$2,105,569 CAD
Price Per SF
$162.38 CAD
Cap Rate
9.89%
NOI
$208,196 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
3.21 AC
Opportunity Zone
Yes
Zoning
Commercial Zone 2 - Commercial Zone 2
Parking
50 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
499’ on West Broadway & Main Stre
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100

Nearby Major Retailers

Hannaford
TD Bank
KeyBank

Property Taxes

Property Taxes

Parcel Number
LNCN-000137-000000-000018
Land Assessment
$753,381 CAD
Improvements Assessment
$2,062,190 CAD
Total Assessment
$2,815,570 CAD
  • Listing ID: 23642415

  • Date on Market: 2021-07-09

  • Last Updated:

  • Address: 2 W Broadway, Lincoln, ME 04457

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}