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23 Bangor Street, Augusta, ME 04330

Commercial property for sale

  • Description
  • We are pleased to offer for sale 23 Bangor Street in Augusta. Pizza Hut is currently leasing the property through January 1, 2021, with a kick-out clause on January 1, 2016. They will likely exercise this kick-out clause as they have closed their doors at this location and are offering the building for sub-lease. That said, Pizza Hut is a strong tenant paying $140,847.72/year until 2016. This gives an investor a nice rate of return while a new tenant is found. This property could potentially be a steal for an owner/user who signs a reduced rate sub-lease rate with Pizza Hut before purchasing the property. In this scenario, the owner/user could collect Pizza Hut
  • Property Details
  • Property Type: Retail
    Use Types: Restaurant
    Status: Available
    Price: $ 438 +/SF
    MSA: Augusta-Waterville
    Buildings: 1
    Terms: Cash to Seller
    Added: 01/16/2012
    Last Update: 03/17/2012
  • Contact info
  • 207-775-7363 [Office]
  • Note

  • Details Info about this row that located on 23 Bangor Street, Augusta, ME 04330 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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