McDonald's Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29993039
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant
Status: Pending
Building Size (RSF): 4,305 SF
Gross Building Area: See Agent
Sale Price: $1,075,000
Unit Price: $249.71 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/20/2017

Overview / Comments

We are pleased to present an outstanding investment property located on Route 302 in Bridgton, Maine. This property is a 4,305+/- SF freestanding, single story building which was built in 2012. There is a 20 year lease in place with McDonald’s corporation for 2,805+/- SF of the space. There is also an additional 1,500+/- SF of adjacent retail space currently under a 5-year lease.

Attachments & Media

Current Tenants

Tenant Business Name McDonald's
Is Renting? Yes

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: NA
Tax ID/APN: NA
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Route 302
Property Visibility: Excellent
Largest Nearby Street: Route 302
Traffic/Vehicle Count: 9,980
Area Description: The Bridgton area for its year round attractiveness. Bridgton is a popular tourist destination for the beautiful Western Maine lakes in the summer months, fall foliage and skiing at Shawnee Peak and other nearby mountains during the winter months.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2012
Parking Type: Surface
Parking Description: Ample
Sprinklers: Other
Heat Type: Other
Lot Frontage: NA

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 742 4,848 6,964
Median Age: 45 46.41 46.43
Households: 357 2,099 2,958
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