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Sold

605 Stillwater Avenue

605 Stillwater Avenue, Bangor, ME 04401

$2,037,711

The only Chick-fil-A location in all of Maine is now available for sale. This absolute trip net leased property is located in the highly desirable city of Bangor, Maine. This location is conveniently situated just off of I-95 and serves as an out-parcel to the Bangor Mall. Bangor is the third largest city in Maine and serves as a retail, cultural and service hub within the state, as well as for Atlantic Canada. It is also the home of the University of Maine, which has an enrollment of over 11,400 students. The property measures 4,883 SF and is situated on a lot measuring 1.41 acres. Chick-fil-A signed a 15 year lease commencing in September, 2016. There are 12 years left on the initial term, followed by three 5 year options. Chick-fil-A will be responsible for all building and parking lot maintenance during the duration of the lease. The property is priced at a 4.4% CAP rate.

1.41 Sq.Ft. lot

LICENSE# 10301210912

LISTING AGENT

David Sokolowski

Licensed Associate Real Estate Broker

David is a well-known real estate expert who has been in the industry for over the last decade and is the epitome of a hybrid broker. David works throughout all five boroughs and the greater NYC metro area including Westchester, The Hudson Valley, The Catskills, Long Island and The Hamptons, as well as across the country. Recognizing that the real estate industry is now more intricately connected on a global scale than ever before, via the advent of social media and AI, David utilizes this to market properties not just locally but across the entire world.

LICENSE# 10301210912

Contact

Features & Amenities

Area & Lot

Status Sold
Total Area4,883 Sq.Ft.
Lot Area1.41 Sq.Ft.

Financial

Sales Price$2,037,711

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BOND New York is distinguished by our quality customer service, hands-on management staff, advanced technology for providing inventory, landlord relationships, and ability to cultivate the best new talent out there.