Office Medical
35 Barra Rd
35 Barra Rd, Biddeford, ME 04005
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to exclusively offer 35 Barra Road,
Biddeford, Maine – a ± 4,200 SF single-tenant medical office building, built
in 2012 with a purpose-built optometry buildout and leased NNN to
Optometric Associates of Southern Maine.
The property sits on Barra Road within Biddeford's medical corridor,
alongside the MaineHealth Biddeford Campus and McGeachey Health
Center. Eye care is a needs-based, appointment-driven use with
specialized build-outs that are costly to relocate, and it faces little e
commerce displacement risk.
Biddeford is one of southern Maine's most active growth markets
downtown reinvestment has topped $216 million with 167 net new
businesses - 15 miles south of Portland and 90 miles north of Boston, with
direct access to the Maine Turnpike (I-95) at Exit 32.
The property is being offered unpriced. Ownership will consider seller
financing for a qualified buyer, with indicative terms starting at 4% and
stepping to 5% over a 5-year term.
35 Barra Rd
Investment Highlights
- Medical Corridor Location Barra Road is home to the MaineHealth Biddeford Campus and McGeachey Health Center, drawing steady patient traffic to the corridor.
- High-Growth Trade Area Biddeford is Maine's 7th largest city with $216M+ in recent downtown reinvestment and 167 net new businesses
- Owner Financing Available Seller is prepared to carry financing for a qualified buyer starting at 4% and stepping to 5% over a 5-year term, below current market rates.
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Senior Managing Director, Market Leader - New England
Listing Price: Request For Offer
Investment Highlights
- Medical Corridor Location Barra Road is home to the MaineHealth Biddeford Campus and McGeachey Health Center, drawing steady patient traffic to the corridor.
- High-Growth Trade Area Biddeford is Maine's 7th largest city with $216M+ in recent downtown reinvestment and 167 net new businesses
- Owner Financing Available Seller is prepared to carry financing for a qualified buyer starting at 4% and stepping to 5% over a 5-year term, below current market rates.
Investment Overview
Marcus & Millichap is pleased to exclusively offer 35 Barra Road, Biddeford, Maine – a ± 4,200 SF single-tenant medical office building, built in 2012 with a purpose-built optometry buildout and leased NNN to Optometric Associates of Southern Maine. The property sits on Barra Road within Biddeford's medical corridor, alongside the MaineHealth Biddeford Campus and McGeachey Health Center. Eye care is a needs-based, appointment-driven use with specialized build-outs that are costly to relocate, and it faces little e commerce displacement risk. Biddeford is one of southern Maine's most active growth markets downtown reinvestment has topped $216 million with 167 net new businesses - 15 miles south of Portland and 90 miles north of Boston, with direct access to the Maine Turnpike (I-95) at Exit 32. The property is being offered unpriced. Ownership will consider seller financing for a qualified buyer, with indicative terms starting at 4% and stepping to 5% over a 5-year term.
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Senior Managing Director, Market Leader - New England
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