Retail

Maine Shopping Center Properties

- Portland and Bangor MSA, ME United States
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area

Property Description

JLL Capital Markets is pleased to offer for sale four retail shopping centers in high barrier to entry markets in Maine. Airport Mall, Shaw’s Plaza – Windham and Shaw’s Plaza – Waterville are well-located grocery anchored shopping centers and Well’s Plaza is shadow anchored by a strong-performing Hannaford Supermarket. The properties are offered for sale without an asking price on an individual basis.



Maine Broker of Record

Adam Dunn - ME License Db922772

+1 617-848-5856

adam.dunn@am.jll.com

Investment Highlights

Airport Mall - Bangor, ME

  • 230,000 SF grocery anchored shopping center
  • Anchored by an exceptionally high-volume Hannaford Supermarket and junior anchored by Marshalls, Dollar Tree, Ocean State Job Lot and Urban Air  
  • Value-add potential through lease-up or redevelopment of the enclosed mall component

Shaw's Plaza - Waterville, ME

  • 119,000 SF grocery anchored shopping center
  • Shaw’s lease is NNN and carries a rare Albertson’s Inc. guaranty
  • Immediate upside through lease up of existing vacancy

Shaw's Plaza - Windham, ME

  • 124,000 SF grocery anchored shopping center
  • Located 10 miles north of Portland in the Sebago Lakes Region
  • Shaw’s lease is NNN and the tenant has occupied the property for over 20 years

Well's Plaza - Wells, ME

  • 93,000 SF shopping center shadow anchored by Hannaford, the only full-size grocer within 10 miles
  • Wells Plaza is occupied by tenants that appeal to both year-round and seasonal shoppers
  • Potential pad site along Route 1 for future redevelopment
Last Updated Date: 11 Jan 2021
Chris Angelone
Chris Angelone
Senior Managing Director, Retail Group Leader
Nat Heald
Nat Heald
Managing Director
License details
MA-9088276 NH-067151 CT - 0814736

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Last Updated Date: 11 Jan 2021

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