507 Walnut Hill Road, North Yarmouth, ME 04097

View all images

$475,000

MLS#: 1597641

Type: Commercial
Lot Size: 1 Acres
Year Built: 1990

Request Information

There was a problem with your submission. Please correct the issues below

Name *

Email *

Phone

Message

* Required Fields

Property Details

Ideal 1031 replacement property leased to Sunflower Friends Early Learning Academy LLC, paying $2,720 monthly NNN, with a lease terminatiing October 31, 2027. Yields $32,640 NNN (tenant pays all expenses) equaling a cap rate of 6.87%. Rent increases to $35,904 ($2,992 monthly) effective November 1, 2025, yielding a cap rate of 7.56%.

Property Listed by: EXP Realty

Home Features

Bathrooms:

Basement:

Construction:

Year Built:

1990

Roof:

Stories:

Heating:

Cooling:

Land Features

Electric:

Circuit Breakers

Lot Size ±:

Sewer:

Private Sewer

Zoning:

Village Central

Map (approximate)

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.