Log In/Sign Up
Your email has been sent.
442 US Route 1
Scarborough, ME 04074
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100± parking spaces, loading dock & large pylon sign.
- High visibility on US Route One with traffic counts of 24,840± cars/day.
EXECUTIVE SUMMARY
SOUTHGATE RETAIL PLAZA
26,464± SF fully-leased retail plaza
High visibility on US Route One with traffic counts of 24,840± cars/day
Tenants include Tractor Supply Co., Elevate Athletics and Quality Floor Finishers Showroom
100± parking spaces & large pylon sign
SALE PRICE: $5,000,000
2024 NOI: $343,225
26,464± SF fully-leased retail plaza
High visibility on US Route One with traffic counts of 24,840± cars/day
Tenants include Tractor Supply Co., Elevate Athletics and Quality Floor Finishers Showroom
100± parking spaces & large pylon sign
SALE PRICE: $5,000,000
2024 NOI: $343,225
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
26,464 SF
Building Class
C
Year Built
1981
Price
$5,000,000
Price Per SF
$188.94
Cap Rate
6.86%
NOI
$343,225
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.11
Lot Size
5.60 AC
Zoning
B3 - Business
Parking
100 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
530’ on US-1
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | SCAR-000063R-000000-000003A | Improvements Assessment | $1,857,300 |
| Land Assessment | $1,080,800 | Total Assessment | $2,938,100 |
PROPERTY TAXES
Parcel Number
SCAR-000063R-000000-000003A
Land Assessment
$1,080,800
Improvements Assessment
$1,857,300
Total Assessment
$2,938,100
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
