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65 River Rd 6,934 SF Retail Building Mexico, ME 04257 $890,000 ($128.35/SF) 7.80% Cap Rate
Investment Highlights
- Single-tenant retail property occupied by a national auto parts retailer
- Positioned within an established commercial corridor serving the River Valley region
- Convenient access to US-2 with connectivity to Rumford and surrounding towns
- Freestanding building offering strong visibility along River Road
- Consistent income stream supported by resilient auto-service consumer demand
Executive Summary
This rare single-tenant retail opportunity offers a stable investment anchored by Advance Auto Parts, one of the nation’s largest automotive parts retailers with a strong national footprint. Built in 2004 and situated on a 0.70-acre parcel, the property features a modern freestanding building with excellent visibility along River Road, the primary commercial corridor connecting Mexico and nearby Rumford. With consistent local and regional traffic, the location benefits from a loyal customer base and a steady flow of year-round demand driven by the area’s residential neighborhoods, small businesses, and outdoor recreation economy.
The asset delivers dependable cash flow with an in-place net operating income of $69,420 and an attractive 7.8 percent cap rate, creating a compelling opportunity for investors seeking durable income backed by a recognizable national tenant. The building's efficient single-floor layout supports retail operations, while its freestanding configuration offers prominent street presence, direct access, and ample on-site parking. The property's commercial zoning and its positioning along a well-traveled arterial road further enhance long-term value and viability.
Mexico, ME and the surrounding River Valley area continue to experience incremental development activity supported by regional employers, service-based businesses, and strong tourism traffic. The property enjoys close proximity to US-2, offering convenient connectivity to Rumford, Bethel, Farmington, and other regional hubs. Investors will appreciate the low-maintenance nature of this offering, the reliable tenancy, and the consistent performance of auto-related retail uses in established suburban markets.
This Advance Auto Parts location presents an accessible price point and a compelling combination of stability, visibility, and long-term investment appeal, well-suited for both private buyers and expanding portfolios seeking secure retail income in a resilient category.
The asset delivers dependable cash flow with an in-place net operating income of $69,420 and an attractive 7.8 percent cap rate, creating a compelling opportunity for investors seeking durable income backed by a recognizable national tenant. The building's efficient single-floor layout supports retail operations, while its freestanding configuration offers prominent street presence, direct access, and ample on-site parking. The property's commercial zoning and its positioning along a well-traveled arterial road further enhance long-term value and viability.
Mexico, ME and the surrounding River Valley area continue to experience incremental development activity supported by regional employers, service-based businesses, and strong tourism traffic. The property enjoys close proximity to US-2, offering convenient connectivity to Rumford, Bethel, Farmington, and other regional hubs. Investors will appreciate the low-maintenance nature of this offering, the reliable tenancy, and the consistent performance of auto-related retail uses in established suburban markets.
This Advance Auto Parts location presents an accessible price point and a compelling combination of stability, visibility, and long-term investment appeal, well-suited for both private buyers and expanding portfolios seeking secure retail income in a resilient category.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,934 SF
Building Class
C
Year Built
2004
Price
$890,000
Price Per SF
$128.35
Cap Rate
7.80%
NOI
$69,420
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.70 AC
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | MEXI-000016-000000-000101 | Improvements Assessment | $598,600 |
| Land Assessment | $149,900 | Total Assessment | $748,500 |
Property Taxes
Parcel Number
MEXI-000016-000000-000101
Land Assessment
$149,900
Improvements Assessment
$598,600
Total Assessment
$748,500
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65 River Rd