Two Southern Maine NNN Retail Properties
Two NNN retail properties in the southern Maine market.
One is a 7-tenant, NNN retail plaza in affluent, populated town. 21,400 sq ft anchored by a child care center, priced at $7M plus $1M for a 1/2 acre pad site, for a total sale price of $8M. Base Rents approx. 350,000 CAMs 5.03/sq ft 2018-2019.
The other is a 2-tenant NNN property serving as the main campus for the same very successful children's school, priced at $3.5M. LDSF 12,300 sq ft 205,441 16.70 NNN Year 7/10
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