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Denny's 120 Haskell Rd 3,262 SF Retail Building Bangor, ME 04401 $1,900,000 ($582.46/SF) 9.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Cap Rate: 9.64%
- Lease Term: April 2028
- NOI: $183,226.32
- Submit NDA for Offering Memorandum
EXECUTIVE SUMMARY
Fully NNN leased investment opportunity with long-term tenant Denny’s, a well-known American diner-style restaurant chain, leased through April 2028. 3,262± SF retail/restaurant building on 2.01± acres featuring the iconic “Classic Diner” stainless steel exterior, a rare design from Denny’s late 90’s retro rollout, unlike the standard beige locations, the property retains the distinctive vintage façade. Competitive breakfast destination attracting local patrons, travelers, regional shoppers, and students alike. Great location right off I-95, Exit 187, a nearby hotel cluster, and less than 2 miles from the Bangor Mall and Hollywood Casino.
Offering Memorandum available upon signing of an NDA.
Offering Memorandum available upon signing of an NDA.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,262 SF
Year Built
1998
Price
$1,900,000
Price Per SF
$582.46
Cap Rate
9.64%
NOI
$183,160
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.01 AC
Opportunity Zone
Yes
Zoning
General Commercial
Parking
80 Spaces (24.52 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | BANG-000070R-000000-000001-J000000 | Improvements Assessment | $462,900 |
| Land Assessment | $396,300 | Total Assessment | $859,200 |
PROPERTY TAXES
Parcel Number
BANG-000070R-000000-000001-J000000
Land Assessment
$396,300
Improvements Assessment
$462,900
Total Assessment
$859,200
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Denny's | 120 Haskell Rd
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