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Best in Class NNN Asset- Generational Asset Cabela's 130,000 SF 100% Leased 4-Star Retail Building Scarborough, ME 04074 $40,000,000 ($307.69/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term 25 Yr. True NNN Corp. Lease by Cabela’s/Bass Pro Shops - 9+ Yrs. Left with Options
- High-Profile Freeway Visibility along Interstate 95 (259K CPD) - Only Location in Entire State
- Affluent ($139K HHI) Recreation Suburb of Portland - Surrounded by Outdoor Venues/Lakes/Ocean
- Best-in-Class National Brand - North America’s Premier Outdoor & Conservation Company
- Ranked 4th Busiest Store in U.S. (Placer AI 2025) - Strong Corporate Guarantee - 10% Bumps
- Legacy Net Lease Opportunity - Destination Retail Experience - World’s Largest Boat/ATV Manufacturer
EXECUTIVE SUMMARY
The 130,000 SF building on a 5-acre parcel prospers from excellent highway visibility from the Maine Turnpike (I-95), which sees over 259,700 VPD and is only 9 miles from downtown Portland, ME. The subject property is positioned near the recently developed Costco (Maine’s only Costco) and is within 2.8 miles from the state’s largest shopping mall, The Maine Mall (1.2 million-SF super regional mall). Other nearby retailers include Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, The Home Depot, Target, DICK’S Sporting Goods, Marshalls & HomeGoods, Burlington, HomeGoods, Hannaford Supermarkets, Tractor Supply Co., McDonald’s, Starbucks and more.
This is an excellent opportunity to purchase a NNN-leased outdoors superstore in Maine with a corporate guarantee, strong rent increases, and minimal landlord duties, providing effortless income for years to come.
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
Since its founding in 1961, Cabela’s has earned the title of World’s Foremost Outfitter® without ever letting go of its humble, small-town roots. Much of this success is owed to the knowledgeable outdoorsmen and women we employ. From their corporate headquarters in Sidney, Nebraska, to their growing number of retail locations throughout the United States and Canada, Cabela’s Outfitters are proud of where they work and value being part of a caring family. Because it’s in their nature to sell fun, they find satisfaction in providing customers with a wide variety of innovative, exclusive products and services they can count on for memorable outdoor experiences all year long. They’re passionate about the outdoors, and grateful to those who take the time to appreciate nature and ensure this lifestyle will continue to be embraced by future generations.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
PROPERTY TAXES
| Parcel Number | SCAR-000040R-000000-000005 | Improvements Assessment | $22,379,900 |
| Land Assessment | $5,933,600 | Total Assessment | $28,313,500 |
PROPERTY TAXES
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Best in Class NNN Asset- Generational Asset | Cabela's
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