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Premiere Industrial complex 398 School St 27,240 SF 100% Leased Industrial Building Berwick, ME 03901 $4,190,000 ($153.82/SF) 10.28% Cap Rate
EXECUTIVE SUMMARY
Premiere industrial investment opportunity in Southern Maine
27,240± SF across five newly constructed industrial buildings
14 separate tenants, all licensed marijuana cultivation operators
Net Operating Income (NOI): $430,620
Cap Rate: 10.27%
Stable rental income with diverse tenant base
Modern construction and fully leased, turnkey investment
27,240± SF across five newly constructed industrial buildings
14 separate tenants, all licensed marijuana cultivation operators
Net Operating Income (NOI): $430,620
Cap Rate: 10.27%
Stable rental income with diverse tenant base
Modern construction and fully leased, turnkey investment
PROPERTY FACTS
| Price | $4,190,000 | Building Class | C |
| Price Per SF | $153.82 | Lot Size | 8.94 AC |
| Sale Type | Investment | Rentable Building Area | 27,240 SF |
| Cap Rate | 10.28% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2018 |
| Zoning | R3 | ||
| Price | $4,190,000 |
| Price Per SF | $153.82 |
| Sale Type | Investment |
| Cap Rate | 10.28% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 8.94 AC |
| Rentable Building Area | 27,240 SF |
| No. Stories | 1 |
| Year Built | 2018 |
| Zoning | R3 |
AMENITIES
- Air Conditioning
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Premiere Industrial complex | 398 School St
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