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Modern/Efficient Mixed-Use Building 207 Development Dr
47,783 SF of Office Space Available in Limestone, ME 04750
Highlights
- The Green 4 Maine Campus is a mixed use, multi-faceted Open Canvas for serious businesses to relocate.
- OZ, PTZ,BETE, TIF, NMTC
- Modern , Efficient, Mixed-Use Building
- **Streamlined Permitting & Zoning!
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 47,783 SF | Negotiable | $3.00 /SF/YR $0.25 /SF/MO $143,349 /YR $11,946 /MO | Triple Net (NNN) |
1st Floor
We are pleased to present the Commissary Building at the former Loring Air Force Base. Building has approximately 28,000 SF of finished space and 19,000 of warehouse space. Constructed in 1986, this building has had many upgrades as recently as 2007 including a new roof. High ceiling clearances. This building could support a manufacturing or light industrial use. *Modern, Efficient, Mixed-Use Building - former occupants were a Call Center, Base Commissary, Communication Systems Assembly & General Warehousing *Space can be leased from 5,000 SF - 47,783 SF *NNN *Pinetree Zone Certified *Opportunity Zone Certified https://www.workandliveatloring.com/
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Call Center
- Mostly Open Floor Plan Layout
- Fits 120 - 383 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 207 Development Dr , Limestone, ME 04750
Property Type | Retail | Year Built/Renovated | 1985/2014 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 2.97/1,000 SF |
Gross Leasable Area | 47,783 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 47,783 SF |
Year Built/Renovated | 1985/2014 |
Parking Ratio | 2.97/1,000 SF |
About the Property
We are pleased to present 207 Development Drive at the former Loring Air Force Base, in Limestone, Maine. A former call center, base commissary, communication systems assembly and general warehousing. This modern, efficient mixed-use building has approximately 30,000 SF of finished space and 18,000 SF of warehouse space. Constructed in 1986, this building has had many upgrades as recently as 2007 including a new roof. Large parking area, high ceiling clearances and recent ventilation upgrades are a few notable attributes to this incredible building. This building can be leased from 5,000 SF - 47,783 SF. and is built to support a multitude of businesses: from manufacturing, light industrial use, retail, distribution, machine tech, ag processing, wood products, energy and more! PROPERTY OVERVIEW Prior Use: Call Center, Base Commissary Potential Use: Multi- Use, Commercial, Agricultural, CLT Manufacturing/ Forest Operations/ Office & Vo-Tech School/ Transport/Distribution Operations * NNN * 170+/- Parking Spaces * Pine Tree Zone Certified (PTZ) - Tier 1 location * Opportunity Zone Certified (OZ)* Business Equipment Tax Exemption (BETE) * Municipal Tax Increment Financing (TIF)* New Market Tax Credit (NMTC) ** Streamlined Permitting and Flexible Zoning LOCATION DESCRIPTION Northern Maine’s Aroostook County is known for picturesque rolling potato fields, forests, lakes and rural landscape. Offering excellent public schools and post-secondary college educational opportunities, all the ingredients needed for success are present in a community that is supportive and welcoming of business and industry. The Green 4 Maine Campus at Loring abuts the 7,750 plus acres of US Aroostook National Wildlife Refuge which is an absolute thing of beauty to be seen and experienced by either walking or skiing over its 5 miles of developed trail system. SITE DESCRIPTION The Green 4 Maine Campus at Loring (also Known as the Loring Commerce Centre), formerly the Loring Air Force Base, is the largest Commercial and Business Park in the State of Maine offering the longest airstrip (over 12,000 ft long) as a prominent and premiere Air Cargo Distribution Hub for national points of presence in Maine and beyond. The Green 4 Maine Campus at Loring is being positioned as the Epicenter of business, recreational tourism and on campus living where living the good life is the way life should be. Home to over 45 new employers and 1,200 highly qualified employees the Green 4 Maine Campus is expanding every day. With over 3,800 acres of developed area Loring has the capacity to support new business development with a variety of existing modern and practical buildings and developable land sites supported by high-capacity municipal utility infrastructure and a newly constructed dark fiber network as part of the 3 Ring Binder Fiber Project. The infrastructure is HERE, just come and PLUG-IN and you are off and running! The Green 4 Maine Program’s Mission is a revitalization project with the focused objective of diversifying Loring into a vibrant, WORK, LIVE and PLAY, Green destination location. It will become the incubator hub for innovation, technology and creativity where there will be NO LIMIT on ideation. It will create a 100% Green Campus that will be self-sustaining and be “ENERGY POSITIVE”, producing all its energy on premise within 5 years’ time focused on renewable energy projects. The Green 4 Maine mission is interwoven into the fabric of the Communities of Aroostook County to provide future jobs and economic stimulus for the entire region. We were built to support the next generation of business! Please contact us to discuss how we can match our assets with your company’s needs! Green 4 Maine Campus at Loring is OPEN! https://youtu.be/ox8Id0nXOW4 Loring Reloaded: https://youtu.be/sM-fSjWkFrc Campus Tour: https://youtu.be/AEy98TR9BNY
- Conferencing Facility
- Tenant Controlled HVAC
Presented by
Modern/Efficient Mixed-Use Building | 207 Development Dr
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