The ONLY Chick-fil-A in Maine! Absolute Net Leased Property!
Website: | https://www.nestseekers.com/1370551 |
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Address: | 605 Stillwater Ave Bangor, ME 04401 |
Cross street: | Bangor Mall Blvd & Gilman Rd |
Ownership: | Income Property |
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Type: | Retail |
Area: | 4883 sq ft |
Lot Size: | 1.41 Acres |
Financials
Price: | $2,037,711 |
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Description
The only Chick-fil-A location in all of Maine is now available for sale. This absolute trip net leased property is located in the highly desirable city of Bangor, Maine. This location is conveniently situated just off of I-95 and serves as an out-parcel to the Bangor Mall. Bangor is the third largest city in Maine and serves as a retail, cultural and service hub within the state, as well as for Atlantic Canada. It is also the home of the University of Maine, which has an enrollment of over 11,400 students. The property measures 4,883 SF and is situated on a lot measuring 1.41 acres. Chick-fil-A signed a 15 year lease commencing in September, 2016. There are 12 years left on the initial term, followed by three 5 year options. Chick-fil-A will be responsible for all building and parking lot maintenance during the duration of the lease.The property is priced at a 4.4% CAP rate.
Contact
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1718-302-0900 Fax: +1718-228-3917 |