15 Danielle Dr

15 Danielle Dr, Windham, ME 04062

Property Information

  • For Sale $1,440,000
  • Property Type Industrial
  • Property Size 6,000 SF
  • Lot Size 2.54 Acre
  • Building Class C
  • Year Built 2005
  • Date Updated Jan 23, 2025

Description

  • LONG-TERM LEASES: There are ±10 years remaining on the base term of the leases, providing stability and security for investors.
  • HIGH-YIELDING INVESTMENT: The property is being offered at a Year-1 in-place cap rate of 10.00%.
  • ATTRACTIVE RENTAL INCREASES: $12,000 cumulative annual rental increase.
  • NNN LEASES: Both leases are NNN.
  • LARGE PARCEL: ±6,000 SF building sits on a ±2.54 AC parcel of land.
  • STRONG RETAIL SYNERGY: The subject property is surrounded by national retailers such as F.W. Webb Company, Tractor Supply and Camping World.
  • AFFLUENT AREA: The average household income within a 1-mile radius of the subject property is over $100,000.

Contacts

Alexander Machado

Matthews Real Estate Investment Services

Location

Contact Listing Broker
Alexander Machado

Matthews Real Estate Investment Services

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