461 MAIN ST, SACO, ME 04072

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!