400 Narragansett Trl, Buxton, ME 04093
- $1,325,000
- 15,176
- SqFt
Listing courtesy of John Graham Real Estate.
- List Price
- $1,325,000
Property Description
Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale. Aubuchon recently made a significant investment in upgrading the space it has occupied since 2003. Aubuchon has an NNN lease with performance bonuses that runs through 2043. There is also an additional 3,500+/- square foot two floor front section awaiting the next owners. A strong 7.5% Cap Rate with front section vacant! Over 10% Cap Rate when leased! Perfect for an owner user looking for a high visibility location or the investor looking to add value. Priced to sell and encouraging offers.
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