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

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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

Senior Managing Director, Retail Group Leader

+34910602617

Nat Heald

Managing Director

License details

MA-9088276 NH-067151 CT - 0814736

+34910602617

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Last Updated Date: 11 Jan 2021