Limited Competition I 10% Incr in Options | 317 Main St
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Limited Competition I 10% Incr in Options 317 Main St Local commercial 1 373 m² À vendre Farmington, ME 04938 3 425 607 € (2 495,63 €/m²) Taux de capitalisation 12 %
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INFORMATIONS PRINCIPALES SUR 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 ANALYTIQUE
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.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 373 m²
Classe d’immeuble
C
Année de construction
2008
Prix
3 425 607 €
Prix par m²
2 495,63 €
Taux de capitalisation
12 %
RNE
411 073 €
Occupation
Mono
Hauteur de l’immeuble
1 Étage
Coefficient d’occupation des sols de l’immeuble
0,25
Surface du lot
0,55 ha
Zonage
SEASON
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PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | FARN-000000-U000014-000043 | Évaluation des aménagements | 2 582 447 € |
| Évaluation du terrain | 114 390 € | Évaluation totale | 2 696 837 € |
TAXES FONCIÈRES
Numéro de parcelle
FARN-000000-U000014-000043
Évaluation du terrain
114 390 €
Évaluation des aménagements
2 582 447 €
Évaluation totale
2 696 837 €
(619) 297-0055
x302
CONTACTS
-
Jason Pongsrikul -
Chris Barry -
Pharma Property Group- Drugstore Specialists
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PHOTOS
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Limited Competition I 10% Incr in Options | 317 Main St
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