For Sale
Call for price

4 Cloutier LnScarborough, ME 04074

NNN Lease, High NOI, Corporate Tenant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 20,000-square-foot warehouse in Scarborough, Maine, situated on a 1.79-acre lot. Built in 2006, the property boasts a 100% occupancy rate with a single corporate tenant under a triple-net (NNN) lease, providing a strong and stable income stream. The lease features a corporate guarantee, mitigating risk. The warehouse features 22' to 24' ceiling heights, two loading docks, and one dock-high door, making it ideal for various industrial uses. The property is zoned I-Industrial and offers potential for expansion by an additional 10,000 square feet. The current net operating income (NOI) stands at $144,996. This sale-leaseback opportunity offers a secure investment with significant upside potential. Offers are due October 30th, 2024. Detailed lease information is available upon request. The property is located at 4 Cloutier Ln, Scarborough, ME 04074.

Highlights

  • FOR SALE - Single-Tenant NNN Investment Property.
  • 20,000 SF warehouse on 1.79 acres, expandable by 10,000 SF.
  • 5-year NNN lease, 100% occupancy.
  • Net Operating Income (NOI) of $144,996.
  • Confidentiality agreement and lease details available upon request.
  • Offers due October 30th, 2024.

Property Details for 4 Cloutier Ln

Property type
Warehouses, Industrial properties
Square Feet
20,000 SF
Year Built
2006
Lot Size (sq. ft)
77,972 SF

Location Insight

City
Scarborough
County
Cumberland
State
Maine
Latitude
43.5764062
Longitude
-70.3586271
4 Cloutier Ln, Scarborough, Maine

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4 Cloutier Ln
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