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174 Cash St
South Portland, ME 04106

$4,600,000 USD

Warehouse For Sale • 34,421 SF

Property Details

Property Type Warehouse
Total Building Size 34,421 SF
Lot Size 2.07 AC
Building Class B
Year Built 1944
Cap Rate 7.10 %
Tenancy Single
Zoning INR

22 Transit Score

36 Walk Score

                
                    Highlights
                
                                Fully Leased Asset:  Sea Bags, LLC will be entering into a long-term, NNN lease with new ownership. Suggested lease rate of $9.50/SF. 
                            
                                Prime Location:  Located in a sought-after industrial park in South Portland, with easy access to both I-295 and I-95.
                            
                                Functional Building Features:  While currently 100% leased to a single tenant, the building was previously operated as a multi-tenanted building and l
                            
                                Long-Term Stability:  Ten-year lease term to commence immediately upon the sale of the asset.
                            
                                Strong Market Fundamentals:  The industrial sector in Greater Portland has seen a tightening in vacancy rates over the last 5 years. Vacancy rates are

Property Flyers

Principal Confidentiality Agreement - 174 Cash Street South Portland

eFlyer_174 Cash St, So. Portland

Cap Rate:

7.10 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Sea Bags, LLC

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Downeaster - Amtrak)	6 min	-	3.1 mi
Airport	Drive	Walk	Distance
Portland International Jetport	12 min	-	4.5 mi

Jonathan Rizzo 207-553-1712 The Boulos Company

174 Cash St South Portland, ME 04106