632-654 Wilton Rd | Farmington, ME 04938
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- LoopNet Team
632-654 Wilton Rd
Farmington, ME 04938
Grocery-Anchored Center | Farmington, ME · Retail Property For Sale
Investment Highlights
- 98% Occupied, 97,408 SF Grocery-Anchored Shopping Center in Farmington, ME
- 82% of Tenancy Comprised of National Retailers (Big Lots, Save-A-Lot, Dollar Tree, Rent-A-Center, US Cellular, etc.)
- Cheap Anchor Rents: Big Lots ($5.25/SF Gross), Save A Lot ($3.50/SF NNN), Sears ($4.25/SF NNN)
- Shadowed by Walmart Supercenter (35 Minutes to Next Closest Walmart)
- 13.2% Cash/Cash Return (20.7% Total Return) Projected at List-Price with New Bank Financing
- Pad Site Development Opportunity – 3,000 SF Building Up To 12 Feet In Height Approved
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
97,408 SF
Building Class
B
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
13.20 AC
Zoning
SEASON
PROPERTY TAXES
| Parcel Number | FARN-000000-U000037-000017 | Improvements Assessment | $3,082,300 |
| Land Assessment | $472,000 | Total Assessment | $3,554,300 |
PROPERTY TAXES
Parcel Number
FARN-000000-U000037-000017
Land Assessment
$472,000
Improvements Assessment
$3,082,300
Total Assessment
$3,554,300
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