$475,000
507 Walnut Hill Road
North Yarmouth
Listing Courtesy of
EXP Realty
507 Walnut Hill Road, North Yarmouth, ME 04097
Ideal 1031 replacement property leased to Sunflower Friends Early Learning Academy LLC, paying $2,720 monthly NNN, with a lease terminatiing October 31, 2027. Yields $32,640 NNN (tenant pays all expenses) equaling a cap rate of 6.87%.
Rent increases to $35,904 ($2,992 monthly) effective November 1, 2025, yielding a cap rate of 7.56%.
Rent increases to $35,904 ($2,992 monthly) effective November 1, 2025, yielding a cap rate of 7.56%.
Listing Courtesy of
EXP Realty
DETAILS
- Listing Id1597641
- StatusActive
- TypeCommercial Sale
- Map / Lot007 / 063
- Book / Page37314 / 179
- Waste Water DisposalPrivate Sewer
- WaterPublic
- Heat SystemForced Air
- CoolingA/C Units
- ElectricCircuit Breakers
- BasementFinished, Full, Walk-Out Access
- RoofComposition, Pitched
- FloorsCarpet, Tile
- GarageNo
- Lot FeaturesBusiness District, Downtown
- Parking Features11 - 20 Spaces, On Site, Paved
- Checked For UpdatesWednesday, November 20, 2024 at 7:31 PM
- IDX Listing UpdatedSaturday, September 7, 2024 at 11:00 PM
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