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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1237 Roosevelt Trl , Raymond, ME 04071
$3,500,000
Est. Payment: $7,777.78/mo
0 Bed
0 Bath
3566 Sqft
Status: Active | Days on site: 16
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2742 - 014133
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House Description

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.

Highlights

Listed by Edward Herczeg , 207-653-6773 EXP Realty , 888-439-8743.

Property Type

Commercial Sale

Lot/Acreage
0.96

County

Cumberland

Listing ID

1674587

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Coml
Parking Features:11 - 20 Spaces
Principal Interest
$7,778
Taxes
$2,231

Home Price

$3,500,000

Loan Details

30 yrs
%

Down Payment

20%
$700,000
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Monthly Price:
$7,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,777.78 $2,231.25 $0.00 $10,009.03
Yearly $93,333.33 $26,775.00 $0.00 $120,108.33
Total $2,800,000.00 $803,250.00 $0.00 $3,603,250.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Raymond, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.