1237 Roosevelt Trail, Raymond, ME 04071
$3,500,000
Property Type:
Commercial
Square Footage:
3,566
Lot Size (sq. ft.):
41,818
Status:
Active
Current Price:
$3,500,000
List Date:
8/03/2026
Last Modified:
8/04/2026
Overview
Description
...
(Read more)
INVESTMENT HIGHLIGHTS
Absolute NNN Lease:
Tenant pays taxes, insurance, and maintenance.
Investment-Grade Credit: Secure cash flow backed by an S&P: BBB rated tenant. Global Brand Recognition:
Corporate lease with an established convenience/gas brand operating 14,800+ stores. Embedded Rental Growth: Built-in 5% rent escalations at each upcoming renewal option.Long-Term Operational History: Currently thriving in its first 5-year extension option. Strong Remaining Options: Two additional 5-year options left to ensure long-term occupancy.
LOCATION OVERVIEW High-Traffic Corridor: Prominently situated on Route 302 in Raymond, Maine. Gateway to Sebago Lake: Located in a premier year-round recreational destination. Sustained Seasonal Surges: High tourist traffic during peak summer and winter vacation seasons. Proximity to Major Hubs: Only 20 miles from the Portland-South Portland metropolitan area.Regional Accessibility: Positioned 130 miles north of Boston for easy interstate access.
PROPERTY & LEASE SUMMARY
Feature Property Lease Detail
Type Absolute NNN
Tenant Credit Rating S&P: BBB (Investment Grade) Total Global Locations14,800+
Original Lease Term10 Years
Current Lease Phase First 5-Year Extension (3 Years Remaining) Future Renewal Options Two (5-Year) Options Remaining Rental Increases 5% Bumps At Each Extension.
Listing Details MLS# 1674587
Location Information
- Street #
- 1237
- Street Name
- Roosevelt
- Street Type
- Trail
- County
- Cumberland
- Town
- Raymond
- State/Province
- ME
- Zip Code
- 04071
- Leased Land
- No
- Book
- 30030
- Page
- 291-293
- Map
- 055
- Block
- 030
- Lot
- 000
- Zoning
- Coml
- Zoning Overlay
- No
- Tree Growth Y/N
- No
- Association Y/N
- No
Contract Information
- Original List Price
- 3500000
Property Information
- Primary Use
- General Commercial
- Surveyed
- Unknown
- Tenancy
- Single Tenant
- Leases
- Yes
- Total # Floors
- Yes
- SqFt Finished Total
- 3566
- Lot Size Acres +/-
- 0.96
Water Info
- Waterfront
- No
- Water View
- No
More Information
Property Features
Property Uses:
Convenience Store
Parking:
11 - 20 Spaces
Electric:
Circuit Breakers
Documents
Listing Office:
EXP Realty
Last Updated: August - 04 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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