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580 Alfred St
Biddeford, ME 04005
Retail Property For Sale
PROPERTY FACTS
ABOUT 580 ALFRED ST , BIDDEFORD, ME 04005
Brand new, 100% occupied strip center located in Biddeford, ME, an affluent and quickly growing commercial submarket within the Portland metropolitan area. Both tenants are on fresh 10-year leases, with 10% increases every 5 years in the primary term and options. The subject property boasts two national retailers, which are on long-term leases. The subject property is situated in the center of Biddeford's primary retail trade area, located across the street from Biddeford Crossing, where a Target, TJ Maxx, Market Basket, and Staples are located. Situated along Route 111 provides the center great visibility and high-identity curb appeal, benefiting from average daily traffic counts of nearly 25,000 cars per day. The average household income within a 7 minute drive of the property is nearly $70,000 per year. There are also more than 43,000 people living within a 15 minute drive from the property.
PROPERTY TAXES
| Parcel Number | BIDD-000002-000000-000023-000001 | Improvements Assessment | $3,028,800 |
| Land Assessment | $2,491,200 | Total Assessment | $5,520,000 |
PROPERTY TAXES
