Fully-Leased Class A Medical Building

Office for Sale
Catylist Listing ID: 30875492
Property Subtypes: Medical, Office Building
Building Size (RSF): 18,407 SF
Gross Building Area: See Agent
Gross Land Area: 3.68 Acres
Sale Price: $6,900,000
Unit Price: $374.86 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2024

Overview / Comments

18,407±sf Class A Medical Office Building fully-leased to MaineGeneral Medical Center thru 12/31/2028

120 parking spaces

Conveniently located near Civic Center Drive Interstate Exit 112 and MaineGeneral’s medical campus

Annual rental increases

Cap Rate: 8.5%

Price: $6,900,000

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Submarket/Township: Waterville/Augusta
Taxing Authority: City of Augusta
Tax ID/APN: 1/234
Zoning: INDUSTRIAL
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Roof Type: Flat
Parking Type: Surface
Parking Description: 120± spaces
Total Parking Spaces: 120
Sprinklers: Wet
Heat Type: Propane
Zoning Description: Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,252 6,942 22,090
Median Age: 44.14 43.74 43.61
Households: 547 3,256 10,020

Contact

Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
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