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
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
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.