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The Market Place 380-384 Elm St 1,800 - 10,901 SF of Retail Space Available in Biddeford, ME 04005
HIGHLIGHTS
- Flexible Unit Size
- Excellent Visibility and High Traffic Counts
- Ample On-Site Parking
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 1,930 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $37,718 CAD/YR $3,143 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 3,492 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $68,244 CAD/YR $5,687 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4 | 3,679 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $71,898 CAD/YR $5,992 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8 | 1,800 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $35,177 CAD/YR $2,931 CAD/MO | Triple Net (NNN) |
380 Elm St - 1st Floor - Ste 2
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
380 Elm St - 1st Floor - Ste 3
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
380 Elm St - 1st Floor - Ste 4
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
380 Elm St - 1st Floor - Ste 8
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE MARKET PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Aaron's
- Furniture/Mattress
- 1,822
- International
- Super Dogs & Cats
- Other Retail
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Aaron's | Furniture/Mattress | 1,822 | International |
| Super Dogs & Cats | Other Retail | 1 | Local |
PROPERTY FACTS
| Total Space Available | 10,901 SF | Frontage | 368’ on Elm St |
| Max. Contiguous | 9,101 SF | Gross Leasable Area | 52,866 SF |
| Center Type | Neighborhood Center | Total Land Area | 6.18 AC |
| Parking | 110 Spaces | Year Built | 1950 |
| Center Properties | 2 |
| Total Space Available | 10,901 SF |
| Max. Contiguous | 9,101 SF |
| Center Type | Neighborhood Center |
| Parking | 110 Spaces |
| Center Properties | 2 |
| Frontage | 368’ on Elm St |
| Gross Leasable Area | 52,866 SF |
| Total Land Area | 6.18 AC |
| Year Built | 1950 |
ABOUT THE PROPERTY
We are pleased to offer multiple retail spaces for lease at 380 Elm Street in Biddeford. The available suite sizes range from 1,800 - 9,101± SF. Units 2, 3 and 4 can be leased separately or combined for 9,101± SF total. The property is located at the Five Points Intersection of Route One and Alfred Street, and it has great visibility, access, and signage potential. The center has high traffic counts of 12,780 vehicles/day (AADT 2022). Join Aaron’s, CVS, and Super Dogs and Cats.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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The Market Place | 380-384 Elm St
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