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482 Payne Rd 38,784 SF 75% Leased Office Building Scarborough, ME 04074 $8,725,000 ($224.96/SF)

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INVESTMENT HIGHLIGHTS

  • Just off I-295 and I-95 with easy access to the Portland Int’l Jetport, Maine Mall and Downtown Portland.
  • Roof mounted photovoltaic system with solar panels.

EXECUTIVE SUMMARY

Financials and lease information available with signed confidentiality agreement

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,784 SF
Building Class
B
Year Built
1989
Price
$8,725,000
Price Per SF
$224.96
Percent Leased
75%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,696 SF
Slab To Slab
11’
Building FAR
0.40
Lot Size
2.25 AC
Zoning
B-2 - Regional Business
Parking
157 Spaces (4.05 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • Triple Net
  • -

Granite Bay Care, Inc. is a Maine-based human services organization providing residential and community support for individuals with intellectual and developmental disabilities (IDD) and autism. Founded in 1998, the company operates more than 90 homes across Maine and offers programs such as shared living, case management, clinical counseling, and crisis intervention. Granite Bay Care emphasizes community integration and person-centered planning, helping clients achieve independence and quality of life through individualized support. The organization employs over 500 professionals and is recognized as the largest residential provider in Maine. Granite Bay Care is privately held and maintains a strong commitment to compliance, staff training, and evidence-based practices.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Health Care and Social Assistance - - Triple Net -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 4th Floor
  • 9,696 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
4th Floor 9,696 SF Office Full Build-Out Now

4th Floor

Size
9,696 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size 9,696 SF
Space Use Office
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SCAR-000037R-000000-000041
Land Assessment
$1,530,100
Improvements Assessment
$4,205,400
Total Assessment
$5,735,500
  • Listing ID: 25495144

  • Date on Market: 4/18/2022

  • Last Updated:

  • Address: 482 Payne Rd, Scarborough, ME 04074

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