441 Payne Rd Scarborough, ME · Scarborough ME See Location on Map
Subject property is located at 441 Payne Rd in Scarborough, Maine. Property is located on 2.78 AC of land with two commercial retail buildings on site. The buildings are currently leased to VIP Tires & Auto, with a sublease to O’Reilly Auto Parts and Cumberland Farms, which is a ground lease.
Both tenants are NNN tenants VIP responsible for 66.25% of CAMs and Cumberland Farms responsible for 33.75% of CAMs. CAMs incurred by tents are property taxes (building and land), Building Insurance (VIP only), Lawn Care, Snow removal, line striping, and minor pavement crack filling and patching. Landlord is responsible for major roof repairs, major driveway repairs, HVAC replacements, and under ground repairs.
Property is located at a signalized intersection boosting a high traffic count with 19,040 cars a day!
Property is available via Owner Financing Terms.View Property Brochure