540 Deering Ave, Portland, ME 04103

FOR LEASE * 540 DEERING AVENUE * PORTLAND

ARTIST & CRAFTSMAN SUPPLY IS LEAVING 11,500 +/- SQUARE FEET—WITH ENTERANCES ON DEERING AVENUE AND REVERE STREET with a parking lot

in Woodfords Corner

LESSOR: KAPLAN 540 LLC (207) 761-6500 KAPLANCOMPANY@MSN.COM

DESCRIPTION: In the heart of Woodfords Corner. Just off Forest Avenue. There is 60 feet of frontage on Deering Avenue, 112 +/- feet of frontage on Revere Street. Visible from Woodfords Street. The floor is made of cement. The building is handicapped accessible from Deering Avenue and Revere Street entrances and has a shared 14 space parking lot with Big Sky Bread Company. This building, for the most part, is open space with very few interior walls.

LEASE RATE: $9,600 per month--$115,200 per year + NNN

$10 +/- per square foot NNN

BUILDING AREA: Total: 11,500+/- square feet

CEILING HEIGHT: 11 +/- feet to 14+/- feet

BUILDING CONSTRUCTION: Brick or masonry—floors are made of cement

PARKING LOT: 14 spaces share with Big Sky Bread Company

BASEMENT: 550 square feet

LOADING DOCK: one

DRIVE THROUGH DOOR: the Revere St. store front used to be a drive through door

Cement block insulated room: 320 square feet

BATHROOMS: two bathrooms & one is handicapped accessible

ZONING: TOD-1 transit neighborhood

HVAC: two 5 ton Trane HVAC roof top units & one Modine oil hot air furnace hung from ceiling & two additional gas fired American Standard furnaces hung from ceiling

ELECTRIC: 2 CMP meters—2 circuit breaker panels 200 amp and 100 amp

Portland Storm Water Fee: $1,209.00 per year $.11 per sq ft

Portland Real Estate Tax: $9,581.60 per year $.83 per sq ft

Insurance: $9,716.64 per year $.85 per sq ft

Fire sprinkler (wet): $558.96 per year $.05 per sq ft

Total: $20,909.40 per year $1.84 per sq ft

Previous Tenant: Artist & Craftsman Supply for 30 + years

Other businesses within walking distance: Big Sky Bread Company, Bird & Co. Woodfords F & B, Bayou Kitchen, Walgreen Pharmacy, Merrill Seafood, Back Cove Book Store, Maiz Colombian street food. The property has entrances on Deering Avenue and Revere Street. A loading dock and the possibility of a vehicle drive through door. Please contact us if you have any question or would like a tour of the property.

Michael Kaplan

KAPLAN 540 LLC

49 Ocean Avenue

Portland, Maine 04103-5722

(207) 761-6500

kaplancompany@msn.com