Malone Commercial Brokers is pleased to offer for lease Payne Road Crossing, a 13,800 SF new construction retail/service plaza in one of the fastest growing areas in Maine.

The biggest advantage of this new plaza is immediate proximity to The Downs, a 300+ acre mixed-use development which is slated to add thousands of residential units, dozens of industrial buildings, recreational facilities and office space, including WEX, Inc., which is planning to move hundreds of employees to a new operations center.

Also close to completion are 320 high-end apartments at The Beacon at Gateway on Haigis Parkway. The influx of residents and commercial businesses over the next several years is guaranteed to grow the already sizeable 38,000 Annual Average Daily Traffic count at the on and off ramps for I-95 (Maine DOT 2017).

With brand new systems and ample parking, these light-filled spaces are ideal for retail and professional services that nearby residents and commuting workers will come to rely on—medical and financial services, fitness centers, beauty businesses, etc. Construction is expected to be completed in late summer 2020, which will allow tenants the opportunity to customize their spaces.

Leased spaces at Payne Road Crossing are offered at $22/SF NNN. For full details, please contact listing broker Andrew Ingalls of Malone Commercial Brokers in Portland. He can be reached at 207-358-7024; 207-671-6162 or at andrew@malonecb.com.

 

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