80 Valley Circle, Rumford, ME 04276

Commercial property for lease

• Description
• Rumford Plaza is an attractive investment with a tenant roll of Marden's (54% of space), Tractor Supply Company, Dollar Tree and Motion Industries (Genuine Parts Company).Listed at $39.64/SF, a fraction of its replacement and land cost, while yielding a potential 8.0% unlevered return, Rumford Plaza offers a rare combination value & yield play. Further, there are high barriers to entry as land and construction costs make new shopping centers cost prohibitive and a dearth of available properties capable of handling big box retailers Marden's and Tractor Supply.Short term leases provide opportunities to increase rents with long-term lease commitments. Built-in escalators for Tractor Supply (10% each extension) and Dollar Tree (9%) make it even more appealing. This is a rare investment opportunity providing a steady yield with long-term growth potential. Building price details: $3,187,232.
• Contact info
• Michael Rogers

  Bean Group
• Note

• Details Info about this row that located on 80 Valley Circle, Rumford, ME 04276 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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