Predictable Revenue from National Tenant for 1031 Exchange — Maine Commercial Real Estate

Predictable Revenue from National Tenant for 1031 Exchange

John Doyon, CCIM of Malone Commercial Brokers represented the buyer in the purchase of this former Rite Aid, now a Walgreens, in Gray, Maine. Horvath & Trembly (Lynnfield, Mass.) represented the seller. The purchase price was $6.6 million. Read more in Laurie Schreiber’s article in Mainebiz.

Built in 2008, the property comprises a 14,673-square-foot retail store with a drive-through on 2.83 acres. It’s located just off Exit 63 on I-95 at the junction of Route 202 in Gray.

Built in 2008, the property comprises a 14,673-square-foot retail store with a drive-through on 2.83 acres. It’s located just off Exit 63 on I-95 at the junction of Route 202 in Gray.

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