Catylist ID:
#30875749
| Catylist Listing ID: | 30875749 |
| Property Subtypes: | Mixed Use, Flex Space, Office Building, Other |
| Building Size (RSF): | 19,188 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4.28 Acres |
| Sale Price: | $2,350,000 |
| Unit Price: | $122.47 PSF |
| Ceiling: | 12 ft. |
| Property Use Type: | Net Leased Investment (NNN) |
| Class of Space: | Class B |
| Sale Terms: | Undisclosed |
| Cap Rate: | 10.0% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 9/3/2024 |
Overview / Comments
|
19,188± SF of Office/Industrial/Flex space on 4.28± acres. On-site parking with 100+ spaces and fenced-in storage yard. Single-tenant, net-leased investment property. Currently leased until 10/31/2025. Tenant has two (2), two-year renewal options. Extending until 10/31/2029. Long-term credit tenant with significant income potential. SALE PRICE: $2,350,000 |
Attachments & Media
Current Tenants
| Tenant Business Name | Spectrum |
Additional Details
| Nearest MSA: | Augusta-Waterville |
| County: | Kennebec |
| Tax ID/APN: | 11020_0005A 0066A 00000 |
| Zoning: | IA - INDUSTRIAL |
| Highway Access: | I-95 exit 112 |
| Airports: | Augusta Municipal |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Parking Type: | Surface |
| Parking Description: | On-site parking for 100+ vehicles |
| Passenger Elevators: | 2 |
| Sprinklers: | Wet |
| Heat Type: | Oil |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,355 | 14,391 | 21,195 |
| Median Age: | 44.72 | 42.68 | 44.07 |
| Households: | 683 | 6,805 | 9,732 |
Contact
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
