Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Attributes

Year Built 1992
Building Area
Land Area ()

Property Description

JLL Capital Markets is pleased to offer for sale the freestanding Burlington in Bangor, Maine. Located directly adjacent to Lowe’s, Target, and BJ’s Wholesale Club in the heart of the super-regional Bangor retail market, the property offers investors a stable income stream from a retailer that is an exceptionally strong fit for the local demographic.


Bangor, Maine is the major commercial and cultural center for eastern and northern Maine and serves as the retail hub for numerous surrounding communities. The Bangor Burlington is located directly adjacent to several of the nation’s most well-known retailers who draw shoppers from a significant radius. In addition, the property is located less than one mile from the super-regional Bangor Mall, which increases local retailers’ effective trade area even further.

Investment Highlights

  • ±85,000 SF, NN single-tenant property


  • Potential Change of Use - Self Storage and Industrial 


  • Proximate to Interstate 95 and the population center of Bangor


  • Average household incomes of over $68,233 and population of 91,374 in the 10-mile radius surrounding the property


  • High barriers to entry market


Last Updated Date: 20 Apr 2021
Nat Heald
Nat Heald
Managing Director
License details
MA-9088276 NH-067151 CT - 0814736
Chris Angelone
Chris Angelone
Senior Managing Director, Retail Group Leader

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Last Updated Date: 20 Apr 2021

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