6 Bangor Mall Blvd
Bangor, ME 04401
Retail Property For Sale
EXECUTIVE SUMMARY
Atlantic Capital Partners is pleased to exclusively offer
for sale the two-tenant retail property in Bangor, ME
located at 6 Bangor Mall Boulevard. The property is
100% leased to Bob’s Discount Furniture and Burlington
Coat Factory on long-term net leases.
The Offering features 63,288 square feet atop 6.8 acres
and is positioned off exit 187 on I-95 (38,300 VPD), just
steps away from the Bangor Mall (3.5M Annual Visits).
The trade area is home to notable retailers including
Dick’s Sporting Goods, Home Depot, Sam’s Club, Lowe’s,
Walmart, and Target, among many others.
Burlington is a relocation store within the submarket,
demonstrating their long-term commitment to the trade
area. Bob’s has been operating at this location since
February 2022 on a 10-year lease. Burlington’s delivery
date is May 1 and rent is expected to commence in
October. The Offering provides investors the opportunity
to capitalize on newly-executed, long-term net leases,
providing stable and secure cash flow.
for sale the two-tenant retail property in Bangor, ME
located at 6 Bangor Mall Boulevard. The property is
100% leased to Bob’s Discount Furniture and Burlington
Coat Factory on long-term net leases.
The Offering features 63,288 square feet atop 6.8 acres
and is positioned off exit 187 on I-95 (38,300 VPD), just
steps away from the Bangor Mall (3.5M Annual Visits).
The trade area is home to notable retailers including
Dick’s Sporting Goods, Home Depot, Sam’s Club, Lowe’s,
Walmart, and Target, among many others.
Burlington is a relocation store within the submarket,
demonstrating their long-term commitment to the trade
area. Bob’s has been operating at this location since
February 2022 on a 10-year lease. Burlington’s delivery
date is May 1 and rent is expected to commence in
October. The Offering provides investors the opportunity
to capitalize on newly-executed, long-term net leases,
providing stable and secure cash flow.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
64,180 SF
Building Class
C
Year Built
1989
Price
$11,730,000
Price Per SF
$182.77
Cap Rate
7%
NOI
$821,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
6.90 AC
Zoning
S&PS - Shopping & Personal Service District
Parking
367 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
248’ on Hogan Road
PROPERTY TAXES
| Parcel Number | BANG-000061R-000000-000016-A000000 | Improvements Assessment | $2,871,500 |
| Land Assessment | $1,790,500 | Total Assessment | $4,662,000 |
