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The Doughty Industrial Group of Marcus & Millichap is pleased to present the sale offering of 202, 400 and 409 Industrial Park Street, a three-building single-tenant absolute net leased industrial investment opportunity in Pittsfield, Maine.

The opportunity is located within a supply-constrained market boasting minimal vacancy and offers immediate access to Interstate-95. The buildings sit approximately 35 miles west of Bangor, Maine, less than a 40-minute drive.

The purchase of this offering presents an investor with the opportunity to own an industrial asset with zero landlord responsibilities in a supply-constrained market with. At the current list price of $6,400,000 the investment offering will generate an in-place net operating income of $518,582 in Year 1, which equates to a capitalization rate of 8.10%.

Walpole Outdoors, LLC is a leading designer, manufacturer, and installer of high-quality outdoor structures and products. The New England-based company operates multiple locations throughout the Northeast and Florida. Their product lines include cedar fencing, pergolas, arbors, gates, and outdoor furniture, along with custom designs in cedar and low-maintenance cellular vinyl. The company serves both residential and commercial clients with a strong emphasis on craftsmanship.