About This Home
This 0-bedroom, 0-bathroom commercial at 1237 Roosevelt Trail in Raymond, ME is listed for $3,500,000 ($981 per sqft). the home offers 3,566 sqft of living space on a 0.96 acres lot.
Key Features
- 0.96 acre lot
INVESTMENT HIGHLIGHTS Absolute NNN Lease: Tenant pays taxes, insurance, and maintenance. Investment-Grade Credit: Secure cash flow backed by an S&P: BBB rated tenant. Global Brand Recognition: Corporate lease with an established convenience/gas brand operating 14,800+ stores.
Embedded Rental Growth: Built-in 5% rent escalations at each upcoming renewal option.Long-Term Operational History: Currently thriving in its first 5-year extension option. Strong Remaining Options: Two additional 5-year options left to ensure long-term occupancy.
LOCATION OVERVIEW High-Traffic Corridor: Prominently situated on Route 302 in Raymond, Maine. Gateway to Sebago Lake: Located in a premier year-round recreational destination. Sustained Seasonal Surges: High tourist traffic during peak summer and winter vacation seasons.
Proximity to Major Hubs: Only 20 miles from the Portland-South Portland metropolitan area.Regional Accessibility: Positioned 130 miles north of Boston for easy interstate access. PROPERTY & LEASE SUMMARY Feature Property Lease Detail Type Absolute NNN Tenant Credit Rating S&P: BBB (Investment Grade) Total Global Locations14,800+ Original Lease Term10 Years Current Lease Phase First 5-Year Extension (3 Years Remaining) Future Renewal Options Two (5-Year) Options Remaining Rental Increases 5% Bumps At Each Extension.
Monthly Cost Estimate
$18,719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1237 Roosevelt Trail
Raymond, ME 04071
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1237 Roosevelt Trail is listed at $3,500,000 ($981/sqft). The estimated monthly payment is $18,719 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.96 acre lot.
This property is listed by Edward Herczeg and can be reached at 2076536773.