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507 Walnut Hill Road, North Yarmouth, ME, 04097 | $475,000
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%.
Features
- Property Type: Investment
- Construction: Clapboard, Wood Frame
- Parking: 11 - 20 Spaces, On Site, Paved
- Heating: Forced Air
- Cooling: A/C Units
- Units: 1
- Zoning: Village Central
- Frontage: 150
- Year Built: 1990
- Approx Sq. Feet: 2,720
- Acreage: 1
- Est. Taxes: $5,562
- Lot Desc: Downtown, Business District
- MLS#: 1597641
- Website: https://www.raveis.com
/prop/1597641/507walnuthillroad_northyarmouth_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of EXP Realty
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