Raymond
$3,500,000
1237 Roosevelt Trail
mls: 1674587
Bathrooms: 0
Sq Footage: 3,566
Lot Size: 0.96
Status: Active

INVESTMENT HIGHLIGHTS Absolute NNN Lease: Tenant pays taxes, insurance, and maintenance. Investment-Grade Credit: Secure cash flow backed by an S&P: BBB rated tenant.

Listed by: EXP Realty

INVESTMENT HIGHLIGHTS Absolute NNN Lease: Tenant pays taxes, insurance, and maintenance. Investment-Grade Credit: Secure cash flow backed by an S&P: BBB rated tenant. Global Brand Recognition: Corporate lease with an established convenience/gas brand operating 14,800+ stores. Embedded Rental Growth: Built-in 5% rent escalations at each upcoming renewal option.Long-Term Operational History: Currently thriving in its first 5-year extension option. Strong Remaining Options: Two additional 5-year options left to ensure long-term occupancy. LOCATION OVERVIEW High-Traffic Corridor: Prominently situated on Route 302 in Raymond, Maine. Gateway to Sebago Lake: Located in a premier year-round recreational destination. Sustained Seasonal Surges: High tourist traffic during peak summer and winter vacation seasons. Proximity to Major Hubs: Only 20 miles from the Portland-South Portland metropolitan area.Regional Accessibility: Positioned 130 miles north of Boston for easy interstate access. PROPERTY & LEASE SUMMARY Feature Property Lease Detail Type Absolute NNN Tenant Credit Rating S&P: BBB (Investment Grade) Total Global Locations14,800+ Original Lease Term10 Years Current Lease Phase First 5-Year Extension (3 Years Remaining) Future Renewal Options Two (5-Year) Options Remaining Rental Increases 5% Bumps At Each Extension.

Listed by: EXP Realty

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
3566.00
Construction Materials
Cooling
Electric
Circuit Breakers
Exterior Features
Flooring
Foundation Details
Green Energy Efficient
Heating
Interior Features
Laundry Features
Lot Features
Lot Size Acres
0.9600
Other Equipment
Other Structures
Parking Features
11 - 20 Spaces
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Sewer
Utilities
Water Source
Waterfront Features
Zoning
Coml