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70-72 Portland Rd 70 Portland Rd 2,000 - 24,154 SF of Retail Space Available in Kennebunk, ME 04043
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,032 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,666 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 4,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 13,456 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
72 Portland Rd - 1st Floor
- Located in-line with other retail
- Space is in Excellent Condition
72 Portland Rd - 1st Floor
- Highly Desirable End Cap Space
72 Portland Rd - 1st Floor
- Located in-line with other retail
- Space is in Excellent Condition
70 Portland Rd - 1st Floor
- Highly Desirable End Cap Space
70 Portland Rd - 1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 24,154 SF | Center Properties | 2 |
| Center Type | Strip Center | Gross Leasable Area | 28,154 SF |
| Stores | 2 | Total Land Area | 18.84 AC |
| Total Space Available | 24,154 SF |
| Center Type | Strip Center |
| Stores | 2 |
| Center Properties | 2 |
| Gross Leasable Area | 28,154 SF |
| Total Land Area | 18.84 AC |
ABOUT THE PROPERTY
A new 30,000 square foot retail development is underway in Kennebunk, Maine, featuring 15,000 square feet of small shop space along Portland Road (Route 1). The site offers up to 20,000 square feet of retail or office space, with a drive-thru opportunity available. Located in a high-traffic area, the development has already secured national food tenants under lease and has a letter of intent from a national coffee retailer.
NEARBY MAJOR RETAILERS
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70-72 Portland Rd | 70 Portland Rd
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