75 Wells Plaza

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75 Wells Plaza

Wells, ME 04090-4121
Asking Price
$3.00M
Cap Rate
6%
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Single-tenant retail asset anchored by Starbucks with ten-year lease.
  • Property offered at a six percent capitalization rate.
  • Investment includes full fee simple ownership of the premises.
  • Lease benefits from a secure corporate guarantee for the buyer.
  • Total building footprint measures 2,500 square feet of retail space.

What's Special

Priced at $3,000,000, this 2,500 square foot retail property at 75 Wells Plaza operates under a long-term, ten-year net lease with Starbucks. The asset offers fee simple ownership and benefits from a corporate guarantee, providing a stable investment vehicle for those seeking income-generating commercial real estate. Located in Wells, Maine, the property serves a consistent flow of local residents and seasonal visitors in a coastal New England market. Investors looking for a hands-off retail addition will find the structure of the lease favorable for long-term hold strategies. The site benefits from its position within a established commercial corridor, aligning with typical retail demand drivers in Southern Maine. This asset type is well-positioned to maintain utility within the regional retail landscape given the credit tenancy and the established nature of the tenant's operations in this high-visibility location.

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

Location & Travel Times