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100% Occupancy - 103,380 SF Shopping Center
Morrisville, VT 05661

Price Upon Request

Storefront For Sale  •  77,461 SF

Property Details

  • Property Type Storefront
  • Total Building Size 77,461 SF
  • Lot Size 7.56 AC
  • Building Class B
  • Year Built 1990
  • Tenancy Multiple
0 Transit Score
52 Walk Score

Highlights

100% Occupancy - 104,380 SF Shopping Plaza with 10 tenant. Shadow to busy Price Chopper Supermarket,
Seven (7) tenants are National or Regional Credit Tenants including McDonalds, Marshalls, Ocean State Job Lot, Dollar Tree, TD Bank & M&T Bank.
Four (4) Free Standing Tenants, modifed NNN Leases with tenants paying everything but Structural.
IN-PLACE Cap Rate of 7.56% with scheduled increases to achieve $1M NOI by 2028. Seller says "bring offers".
Strategically located +/- 6 miles north of Stowe in the commercial/business center of Lamoille County Vermont.
Priced substantially below replacemnt cost at less than $115 per square foot.

Public Transportation

AirportDriveWalkDistance
Patrick Leahy Burlington International 70 min - 44.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes