461 Main St
Saco, ME 04072

Subject property is located at 461 Main St in Saco Maine. Current tenant is Walgreens with a 20 year initial lease term and (4) 5 year renewal options. Walgreens is currently in their second renewal option, set to expire on 2/28/2027.  Walgreens is the only national Drug Store in Saco, ME!
Building was built in 1997 and is 11,180 +/- SF on 2.22 AC of land. The property has 57+/- parking spots.
Subject property is located on Route 1 with high traffic counts.  The average daily traffic count is 22,440!
Landlord is responsible for the roof and structure of the building and parking lot.
Rent is as follows:
Option 2 (2022-2027) – $223,041 Annually
Option 3 (2027-2032) -$234,221 Annually
Option 4 (2032-2037) – $245,401 Annually
*Walgreens has a restriction on 2-mile radius of property for drugstore, beauty and health products.
Located across from Thornton Academy High School,  a private day and boring school for grades 6-12.  It is the largest independent school in Maine serving 1,600 local and interrelation students!
Property is available for Sale or For Lease!

• Date available: Mar 2027
• Lease term: 10 Years
• Service type: Triple Net
• Space Type: Relet