Retail Space /VT /Lamoille County /Morrisville /157 Vt Route 15 W
Retail Space /VT /Lamoille County /Morrisville /157 Vt Route 15 W

157 Vt Route 15 W - Retail FOR SALE


Morrisville, VT 05661 | 
$2,678,000 USD
978-579-4112
157 Vt Route 15 W, Morrisville, VT for Sale
$2,678,000 USD
Retail - FOR SALE
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157 Vt Route 15 W
Morrisville, VT 05661

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HIGHLIGHTS

  • Brand New 20-Year Lease | Scheduled 10% Rent Increases
  • Excellent Visibility
  • Strong Store Performance
  • Affluent Population

OVERVIEW

- The property is supported by a brand-new 20-year lease, featuring three (3) five-year renewal options - The lease includes scheduled 10% rent escalations every 5 years, driving steady NOI growth and serving as a built-in hedge against inflation

FOR SALE DETAILS

PRICE

$2,678,000 USD

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' | New 20yr Abs NNN w/ Incrs

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

COM

APN/PARCEL ID

(129) 2003202

ASK ABOUT THIS PROPERTY

Jonathan LapatSRS Real Estate PartnersMore Info
978-579-4112

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Jonathan LapatSRS Real Estate PartnersMore Info
978-579-4112

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