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1376 US Route 1 6,232 SF of Office/Retail Space Available in Cape Neddick, ME 03902
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,232 SF | Negotiable | $11.54 /SF/YR $0.96 /SF/MO $71,917 /YR $5,993 /MO | Modified Gross |
1st Floor
Exceptional 6,232± SF mixed-use property offers a rare opportunity for professionals seeking a high-end live-work environment, configured as a retail/office commercial space with a luxury residence above in a highly desirable Route 1 location in York, Maine. 2,864± SF of retail/office space is located the ground level and offers a flexible layout comprised of a showroom area with expansive windows and large open space. Ideal for a variety of businesses, such as boutiques, wellness studios, legal offices, or professional services, the space offers incredible visibility and versatility. The 3,368± SF luxury home above offers an open concept design with elegant finishes and hardwood floors throughout, w/three bedrooms, two baths, media room, and a spacious laundry room with washer and dryer. The master suite includes a luxurious ensuite with a whirlpool soaking tub and beautifully crafted, oversized custom closets. The property features include a four-car garage and a heated six-car garage, equipped with a commercial hood system and hand sinks, ideal for catering, food businesses, or car enthusiasts. Situated directly on Route 1, this property offers prime visibility and easy access to shopping, dining, and major highways. Perfectly suited for professionals seeking a high-end work-from-home environment in a premier location. Owner may consider rent-to-own or owner financing options for qualified candidates. Credit and background checks are required. Lease rate is $6,700/month plus utilities. The property is also for sale at $2.1 million.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 16 - 50 People
- Space is in Excellent Condition
- High Ceilings
- High End Live/Work Environment
- Excellent Visibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1376 US ROUTE 1, CAPE NEDDICK, ME 03902
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Miller, Kenneth
- -
- 1
- -
- Ultimate Tan & Swimwear
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Miller, Kenneth | - | 1 | - |
| Ultimate Tan & Swimwear | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 6,232 SF | Gross Leasable Area | 6,232 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Freestanding | Parking Ratio | 2.41/1,000 SF |
| Total Space Available | 6,232 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,232 SF |
| Year Built | 2004 |
| Parking Ratio | 2.41/1,000 SF |
FEATURES AND AMENITIES
- Fenced Lot
- Pylon Sign
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
Presented by
1376 US Route 1
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