Walgreens - Saco Maine
Spaces
Only Drug Store In Town - Available for Lease or Sale!
Building description
For Sale or For lease.
Walgreens is current tenant in (2) renewal options with expiration of 2/28/2027.
Lease for $25/PSF, NNN
For Sale for $4,500,000
Call John at 207-939-8500 for more details!
Building highlights
Subject property is located at 461 Main St in Saco Maine. Current tenant is Walgreens with a 20 year initial lease term and (4) 5 year renewal options. Walgreens is currently in their second renewal option, set to expire on 2/28/2027. Walgreens is the only national Drug Store in Saco, ME!
Building was built in 1997 and is 11,180 +/- SF on 2.22 AC of land. The property has 57+/- parking spots.
Subject property is located on Route 1 with high traffic counts. The average daily traffic count is 22,440!
Landlord is responsible for the roof and structure of the building and parking lot.
Rent is as follows:
Option 2 (2022-2027) – $223,041 Annually
Option 3 (2027-2032) -$234,221 Annually
Option 4 (2032-2037) – $245,401 Annually
*Walgreens has a restriction on 2-mile radius of property for drugstore, beauty and health products.
Located across from Thornton Academy High School, a private day and boring school for grades 6-12. It is the largest independent school in Maine serving 1,600 local and interrelation students!
Property is available for Sale or For Lease!
Listing Contacts
Map
Zoning
Property History
Similar Properties
Is there information that looks off?
