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56-72 Commons Dr
Derby, VT 05829

Price Upon Request

Storefront Retail Office For Sale  •  77,413 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 77,413 SF
  • Lot Size 21.91 AC
  • Building Class B
  • Year Built 2006
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
36 Walk Score

Highlights

Grocery Anchored Shopping Center: Privately-owned and operated Price Chopper anchored shopping center, currently 91.3% leased to 4 service retailers
Price Chopper opened this store in 2006 and have term through June 2031 (plus extensions), solidifying themselves as the Property's anchor tenant
Exceptionally Attractive Basis: The Property is expected to trade at a significant discount to replacement cost
Below market in-place rents and current vacancy offers investors the opportunity to generate significant NOI growth through programmatic leasing
Strategically situated at a signalized intersection along Rt. 5 and just off of I-91, benefiting from regional traffic as well as vistors to nearby am

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 432
Type: Surface
Included in Rent: Yes
Sam Koonce 617-239-3608 Atlantic Capital Partners
Sam Koonce 617-239-3608 Atlantic Capital Partners