80 Valley CircleRumford, ME 04276MLS Number 1425666

  • Price: $3,187,232
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Federal 30-year interest rate: 3.75% last updated on Nov 14, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 9.86Acreage
  • 18Tax Year
  • ActiveListing Status
  • 212Map

Rumford Plaza is an attractive investment with a tenant roll of Marden's (54% of space), Tractor Supply Company, Dollar Tree and Motion Industries (Genuine Parts Company).Listed at $39.65/SF, a fraction of its replacement and land cost, while yielding a potential 8.21%, fully leased unlevered return, Rumford Plaza offers a rare combination value & yield play. The shopping center is currently 92.5% leased with 6,000 SF available of the 80,393 SF.There are high barriers to entry as land and construction costs make new shopping centers cost prohibitive and a dearth of available properties capable of handling big box retailers Marden's and Tractor Supply.High built-in escalators for Marden's (11.1% increase), Tractor Supply (10.1% each extension) and Dollar Tree (9.1%) make it even more appealing. This is a rare investment opportunity providing a steady yield with long-term growth potential. It's an ideal 1031 exchange.

Listed by Bean Group

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The Swan Agency Sotheby's International Realty in Bar Harbor
The Swan Agency Sotheby's International Realty in Bar Harbor
43 Cottage St
PO Box 46
Bar Harbor,, ME 04609

More Info

Location Information

  • Building Number80
  • StreetValley Circle

Property

  • Acreage9.86
  • Sq Ft Finished Total80393
  • Leased LandNo

Property Information

  • Property UsesCommercial, Medical, Neighborhood Center, Net Leased, Other, Restaurant, Retail, Strip Mall
  • Zoning OverlayNo

Tax Information

  • Tax Year18

Location

  • StateME
  • TownRumford
  • Zip04276
  • LocationBusiness District
  • CountyOxford
  • Map212

Other

  • Parking Spaces21+ Spaces, Paved
  • View Count1

Basic Information

  • List Price$3,187,232
  • MLS Number1425666
  • Address80 Valley Circle
  • Broker NameBean Group
  • Modification Date11/01/2019
  • Agent ID003210
  • Broker ID2484
  • Listing StatusActive

Photos

  • Number of Photos8
  • Last Img Trans Date09/15/2019

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2019 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

The Swan Agency Sotheby's International Realty participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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