Tenant: TD Bank | Ellsworth, ME Premises: 2,766 SF Renewal Options: 2 x 5 Years
Lease Expiration: 3/31/2023 Lease Type: NN Rental Increases: 3% Annually
TD Bank, Corporate Guarantee with Strong Credit, AA- (S&P) with $29.9 Bn in Revenue, and $998 Bn in Assets
TD Bank has Over 1,300+ Branches Located Throughout the East Coast, and 85,000 Employees Worldwide
Ellsworth is the Primary Retail Corridor Serving the Community of Bar Harbor / Acadia National Park, Maine’s Only National Park
Acadia National Park Attracts an Estimated 3.3 Million Visitors Annually
Tenant Recently Exercised an Option to Extend the Lease Showing a Strong Commitment
Large 3% Annual Increases
Out-Parcel Hannaford’s Grocery Store and Ramada Hotel with Over 100 Rooms
Surrounded by National Tenants Including T.J.Maxx, KFC, Taco Bell, McDonald’s, Burger King, Walgreens, Rite Aid, and Many More
Active Market with 29,400 Cars Per Day
Only TD Bank Location Serving Acadia National Park and Bar Harbor
In Cooperation with JDS Real Estate Services, Inc. – BoR: Jennifer D. Stein Lic # AC90602876
TD Bank offers banking, insurance, brokerage, and investment banking services in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington, D.C.
The bank is a successor to the Portland Savings Bank, which started in Portland, Maine, in 1852, and later became Banknorth. The bank took its current name, TD Bank, N.A., in 2008, through the acquisition and renaming of Commerce Bank and its subsequent merger with TD Banknorth. In 2013, TD Bank, N.A. centralized its headquarters in Cherry Hill, New Jersey, U.S.
The company is a subsidiary of the Canadian multinational Toronto-Dominion Bank based in Toronto, Ontario. The bank's "TD" initials, first popularized in Canada, are used officially for all American operations. The bank embraces a retail approach to banking; its branches are called "stores" and have extended operation hours.