400 Narragansett Trl 15,176 SF 50% Leased Retail Building Buxton, ME 04093 $1,325,000 ($87.31/SF) 7.50% Cap Rate

Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale. The anchor tenant; Aubuchon recently made a significant investment in upgrading the space it has occupied since 2003. Aubuchon has an NNN lease with performance bounces that runs through 2043. There is also an additional 3,500+/- square foot two floor front section awaiting the next owners; Empty space has been cleaned up and painted to create a blank canvas for the next occupant. Perfect for an owner user looking for a high visibility location (think Real Estate Office, Attorney, Retail, etc.) or the investor looking to add value. The 7.5% Cap Rate is without the front section rented, with the front section leased the Cap Rate would be above 10%.