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Limited Competition I 10% Incr in Options 317 Main St 14 775 pi² Commerce de détail Immeuble Farmington, ME 04938 5 385 820 $ CAD (364,52 $ CAD/pi²) 12% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Absolute NNN lease with zero landlord obligations whatsoever with six (5-year) renewal options and 10% rent increases in the 1st and 3rd options.
- Located on a key north-south corridor leading to Quebec, approximately 80 miles from the Canadian border via Coburn Gore crossing.
- No other Walgreens within 13 miles and no CVS location within 26 miles.
- Close proximity to the University of Maine at Farmington, serving 1,837 students and 149 faculty and staff.
RÉSUMÉ DE L'ANNONCE
We are offering for sale the Walgreens property located at 317 Main Street, Farmington, ME 04938 (the “Property”). The asset is subject to an absolute net lease with no landlord responsibilities and includes six (5-year) renewal options with 10% rent increases scheduled in the first and third option periods.
The Property operates with limited drugstore competition, as there are no other Walgreens within 13 miles and no CVS locations within 26 miles, positioning it as the primary pharmacy provider for the surrounding area. It is also the only national drugstore near Franklin Memorial Hospital, the region’s sole full-service medical facility.
The site is located along Route 27, a corridor that connects to the Canada–U.S. border at Coburn Gore, approximately 80 miles north. It is also near the University of Maine at Farmington, which enrolls 1,837 students and employs 149 faculty and staff.
Listed in conjunction with Brian Brockman, Bang Realty - New England Inc, 513-898-1551, wg@bangrealty.com, ME DRE Lic. DB921170.
The Property operates with limited drugstore competition, as there are no other Walgreens within 13 miles and no CVS locations within 26 miles, positioning it as the primary pharmacy provider for the surrounding area. It is also the only national drugstore near Franklin Memorial Hospital, the region’s sole full-service medical facility.
The site is located along Route 27, a corridor that connects to the Canada–U.S. border at Coburn Gore, approximately 80 miles north. It is also near the University of Maine at Farmington, which enrolls 1,837 students and employs 149 faculty and staff.
Listed in conjunction with Brian Brockman, Bang Realty - New England Inc, 513-898-1551, wg@bangrealty.com, ME DRE Lic. DB921170.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
14 775 pi²
Classe d’immeuble
C
Année de construction
2008
Prix
5 385 820 $ CAD
Prix par pi²
364,52 $ CAD
Taux de capitalisation
12%
Revenu net d’exploitation
646 298 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
1,36 AC
Zonage
SEASON
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | FARN-000000-U000014-000043 | Évaluation des bâtiments | 4 132 356 $ CAD |
| Évaluation du terrain | 183 043 $ CAD | Évaluation totale | 4 315 399 $ CAD |
Impôts fonciers
Numéro de lot
FARN-000000-U000014-000043
Évaluation du terrain
183 043 $ CAD
Évaluation des bâtiments
4 132 356 $ CAD
Évaluation totale
4 315 399 $ CAD
(619) 297-0055
x302
CONTACTS
-
Jason Pongsrikul -
Chris Barry -
Pharma Property Group- Drugstore Specialists
1 de 4
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Limited Competition I 10% Incr in Options | 317 Main St
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