14 Gabriel Dr - Maine Realty Advisors
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Office in Prominent Business District

14 Gabriel Drive
Augusta, ME 04330

Asking:

$2,350,000

NOI

$180,216

Cap Rate

7.67%

Property Overview

Office Building

14 Gabriel Drive presents a prime investment opportunity in Augusta, ME, featuring a high-quality office building fully leased to TRC Engineers through 1/1/2027. TRC has master-leased this property 2009 and currently subleases the 1st floor to Kennebec Pharmacy.

Strategically located in a prominent business district, the property boasts a range of attributes that make it an attractive and lucrative investment for discerning buyers, including its stability of income and modern layout. This property is well- positioned to deliver both immediate and long-term yield.

AUGUSTA DEMOGRAPHICS

Population

19k

Male

48%

Female

52%

Higher Education

27%

Median Household Income

$40.4k

Median Property Value

$149.5k

Property Details

SQUARE FOOTAGE:
20,000 SF

OCCUPANCY:
100%

DEED:
Book 14528 / Page 287

ACREAGE:
2.11 Acres

FRONTAGE:
240 Feet

FINANCIALS:
See Broker

16 Casco St.
Portland, Maine 04101
(207) 744-3084

Thanks for your interest!

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