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TD Bank 1410 Congress St 3,000 SF Retail Building Portland, ME 04102 $2,676,053 ($892.02/SF) 5.25% Cap Rate

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Investment Highlights

eration History & Recent Lease Extension
Excellent Branch Deposits

Attractive 12% Rent Increases Every 5 Years
Outstanding Demographics and Affluent Community

Executive Summary

Surmount is pleased to present the exclusive listing for a TD Bank located at 1410 Congress St, Portland, ME 04102. The site consists of roughly 3,000 rentable square feet of building space on an estimated 0.23-acre parcel of land. This TD Bank is subject to a 15-year Triple Net (NNN) lease, which commenced 5/1/2011. The annual rent increases to $140,493 in May 2026 and has scheduled increases of 12.00% every 5 years.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Bank

Building Size

3,000 SF

Building Class

Year Built/Renovated

2010/2023

Price

$2,676,053

Price Per SF

$892.02

Cap Rate

5.25%

NOI

$140,493

Tenancy

Single

Building Height

1 Story

Building FAR

0.30

Lot Size

0.23 AC

Frontage

174’ on Congress St

Signalized Intersection

Drive Thru

Gold

LEED certification is a globally recognized symbol of sustainability achievement.

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)