Taco Bell Portland, ME

1363 Washington Avenue
Portland, ME

Price: $2127000
Cap Rate: 6.00%
NOI: $127,625
Building Size: Approx. 2250 Sq. Ft.
Lot Size: Approx. 0.43 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built / Renovated: 1980 / 2016

Investment Overview

  • Renovated 2016 | 2,250+/- SF Building on 0.43+/- Acre Site
  • New 20-Year NNN Lease w/ 10% Rent Bumps Every 5-Years’
  • Located along Washington Ave (20K VPD), just S of I-95 (15K VPD)
  • Near Walgreen’s CVS, BJ’s, Rite-Aid, Starbucks, Subway, McDonald’s
  • Local Attractions: Casco Bay | Old Port | Victoria Mansion | Hadlock Field
  • 10 Miles N of Portland International Airport | 8 Miles NE of The Maine Mall
  • 2-Miles from the University of New England – Westbrook College (10,000 Stu)
  • 5-Mile Radius: 2016 Esti. Pop: 106,438 | 3-Mile Average HH Income:  $78,299
  • Portland is located 56-Miles Southwest from Augusta, ME (State Capital)

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