The ONLY Chick-fil-A in Maine! Absolute Net Leased Property!


Property

Website:https://www.nestseekers.com/1370551
Address:
605 Stillwater Ave
Bangor, ME 04401
Cross street:Bangor Mall Blvd & Gilman Rd
Ownership: Income Property
Type: Retail
Area: 4883 sq ft
Lot Size: 1.41 Acres

Financials

Price: $2,037,711

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

605 Stillwater Ave, Bangor, ME 04401, USA