16 Commerce Dr. - CORE
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Fully Leased Medical Office Building for Sale Next to Hospital

16 Commerce Dr.
Augusta, ME 04330

Sale Price

$2,050,000

Cap Rate

7.14%

NOI

$146,448.16

Property Overview

Medical Office Building

Fully leased medical office building next to MaineGeneral Hospital for sale. Leased to Heartleaf ABA & Community Pharmacies, this property was recently gut-renovated and remains in meticulous condition.
Located at lighted corner off Civic Center Drive. Join Community Pharmacy Area businesses include the Central Maine Commerce Center, State of Maine, Augusta Marketplace, Augusta Civic Center and MaineGeneral Medical Center.

KENNEBEC COUNTY DEMOGRAPHICS

Population

122.3k

Age

44.4

Male

48.7%

Female

51.3%

Higher Education

28.1%

Median Household Income

$55.4k

Median Property Value

$159k

Property Details

BUILDING SIZE:
6,968 SF

UNIT PRICE:
$294.20 PSF

PROPERTY USE TYPE:
Net Leased Investment (NNN)

CLASS OF SPACE:
Class A

SALE TERMS:
Cash to Seller, Build-to-Suit, Other

LAND SIZE:
1.97 ± Acres

16 Casco St.
Portland, Maine 04101
(207) 744-3084

Thanks for your interest!

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