Paragon Commercial Real Estate | Our Portfolio | 300 Southborough in South Portland, Maine

South Portland's
Address of Distinction
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Conveniently located within minutes of I-295 and the ME Turnpike, 300 Southborough
is part of a 6 building complex: 4 office buildings of Class A professional space, two 92-room hotels—The Marriot Courtyard and Homewood Suites—and a restaurant
under construction.
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300SouthBorough.com

Property Summary

B R O C H U R E:		Click here to download a PDF. Contact broker for details and a complete Offering Memorandum.

A D D R E S S:		300 Southborough Drive South Portland, Maine 04106

D I R E C T I O N S :		I-295 to Maine Mall Road, Exit 45 (click for Google map)

G R O S S B L D G :		115,926±SF

A C R E A G E:		19.33± acres

P A R K I N G:		5.1/1,000 on-site

A M E N I T I E S:		Views of pristine campus, excellent highway accessibility, close proximity to the Maine Mall and Jetport, and access via signalized intersection

Sale Summary

S A L E P R I C E:		$10.6 million ($91.40/SF)

T A X A S S E S S E D V A L U E :		$19,280,400 ($166.32/SF)

C O M M E N T S:		Tremendous acquisition opportunity for an investor or user.

Leasing Summary

A V A I L A B I L I T Y:		115,926±SF, subdividable from 7,193±SF

L E A S E R A T E:		$16.50 NNN

E S C A L A T I O N S:		3% per year

E S T. N N N:		$7.50/SF

T E R M:		Five (5) to ten (10) years minimum

O C C U P A N C Y:		Immediate

F I T U P A L L O W A N C E:		$15.00/SF

A joint offering by

Debra Napolitano Paragon Commercial Real Estate (207) 775 7300

Scott Jamieson - Jones Lang LaSalle (617) 513 4125