FOR SALE OR LEASE | OFFICE - INVESTMENT 2 CHABOT …

FOR SALE OR LEASE | OFFICE - INVESTMENT 2 CHABOT STREET - WESTBROOK, ME

29,025 SF OFFICE BUILDING FOR SALE or LEASE

Medical or Professional Office Space Single story brick and glass-accented building currently

anchored by owner/user Maine Centers for Health 2.6? Acres - Zoned BH Highway Business Less than a minute from Exit 48 of the Maine Turnpike

(I-95) and directly off Larrabee Rd via Delta Drive. 67% Occupied - Space for Lease is 9,934 SF

Sale Price: $2,900,000 - Lease Price: $8/SF NNN

JOHN DOYON, CCIM 207.772.8300 direct 207.358.7913 direct fax john@

MALONE COMMERCIAL BROKERS 5 Moulton Street ? Suite 3 Portland, ME 04101

207.772.2422 main

PROPERTY SUMMARY

2 CHABOT STREET - WESTBROOK, ME

BUILDING INFORMATION

BUILDING SIZE: 29,025? SF (Dimensions 215' x 135')

CONSTRUCTION:

Masonry Construction - Exterior: Brick and stucco appearing Roof: Flat metal

BUILT: 1998

CEILINGS: 9? feet

FLOORING: Carpet

HVAC: Natural Gas / Electric

LIGHTING: Parabolic Style

RESTROOMS: Numerous & handicapped accessible

USE: Currently, medical office. Building is handicapped accessible

ELECTRICAL: Electrical by Building Sections (subject to buyer's electrical inspections)

MRI Unit: 480 volts, 200 amp, 3 phase

Unit 3A: 200/120 volts, 200 amps, 3 phase

Dialysis Unit: 200/120 volts, 400 amps, 3 phase Unit 3B: 200/120 volts, 200 amps, 3 phase

House: 200/120 volts, 100 amps, 3 phase

CT Scan: 200/120 volts, 600 amps, 3 phase

Unit 2: 200/120 volts, 400 amps, 3phase

Material Defect Disclosure: The slab on the left side of the building settled several years ago and slopes down toward the Maine Centers for Health space. The cause is speculated as twofold: (1) The Maine Turnpike Authority had a large staging area behind the building with enormous mounds of earth and construction material which possibly affected the near-by soils' hydrology and (2) the former dialysis center occupying the space had eight 2,000 gallon tanks near the rear of the space most affected. At 8.34+/- pounds per gallon of water, this accounts for a total of 133,440 pounds.

GENERAL PROPERTY INFORMATION

PROPERTY OWNER: PRT LLC SITE SIZE: 2.6?Acres

ASSESSORS REFERENCE: Map 47, Lot 201 ZONE: BH Highway Business

ASSESSED VALUE: Total Assessed Value: $3,155,000 (2016-2017) REAL ESTATE TAXES: $58,052 (2016-2017)

DEED REFERENCE: Cumberland Co. Registry of Deeds - Book 25366, Page 148 WATER & SEWER: Municipal

PARKING: 148 ? spaces

SALE INFORMATION

67% Occupied by Maine Centers for Healthcare (19,388 SF) TENANCY: Owner/User currently and Tenant At Will NOI / CAP RATE: NOI is $261,738 | 8.5% CAP based upon 67% occupancy SALE PRICE: $ 2,900,000 Rent roll, CAM breakdown, and lease details available on request from Broker.

VACANT SPACE FOR LEASE

2 CHABOT STREET - WESTBROOK, ME

LEASING INFORMATION

TOTAL SQ FT FOR LEASE: 9,934 SF LEASE RATE: $8.00 PSF Triple Net (NNN)

NNN CHARGES: Approximately $4.78 PSF including taxes

AVAILABLE SPACE - FLOOR PLAN

ENTRANCE/ VESTIBULE

SHARED LOADING DOCK

AREA BUSINESSES

SUBJECT

BERLIN CITY LEXUS

Distribution

WESTBROOK CROSSING

EXIT 48

SITE PLAN

2 CHABOT STREET - WESTBROOK, ME SITE PLAN

MALONE COMMERCIAL BROKERS | 5 MOULTON ST STE 3 | PORTLAND ME 04101 | 207.772.2422 |

FLOOR PLAN - CURRENT TENANT

2 CHABOT STREET - WESTBROOK, ME

MAINE CENTERS FOR HEALTH - FLOOR PLAN

19,388 SF--Tenant Configuration

It is currently 67% occupied by the current owner's medical practice who may consider short-term lease-back scenarios. The medical office offers specialties in cardiology, endoscopy, family practice and hematology. The professional services include CAT scans, dementia screening, echo cardiographs, ECP, internal medicine, IV therapy, mammography, stress testing, ultra sound and X-rays. The facility is staffed with physicians, nurse practitioners and physician assistants along with nurses and technicians.

This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties

of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the

information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and

damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller's/Lessor's agent in

the marketing of this property.

03.24.2017

AERIAL AND MAP 2 CHABOT STREET - WESTBROOK, MAINE

2 CHABOT ST

2 CHABOT ST

JOHN DOYON, CCIM 207.772.8300 direct 207.358.7913 direct fax john@

MALONE COMMERCIAL BROKERS 5 Moulton Street ? Suite 3 Portland, ME 04101

207.772.2422 main

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