343 Main St
Waterville, ME
Price:
$2139000
Cap Rate:
5.75%
NOI:
$123,000
Building Size:
Approx. 2053 Sq. Ft.
Lot Size:
Approx. 0.61 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2016
Investment Overview
- New Construction | 2,053+/- SF Building on 0.61+/- Acre Site
- New 20-Year NNN Lease w/ 10% Rent Bumps Every 5-Years’
- Located along Main St (18,000 VPD), just S of I-95 (14,000 VPD)
- Near Walmart, Advance Auto, Starbucks, Wendy’s, McDonalds
- Local Attractions: Colby College Museum of Art | Old Fort Western
- 9 Miles E of Colby College (1,800 Enro) | 20 Miles N of UMA (5,652 Enro)
- 5-Mile Radius: 2016 Esti. Pop: 33,351 | 5-Mile Avgerage HH Income: $56,723
- Waterville is located 20-Miles Southwest from Augusta, ME (State Capital)