193 Tilley Dr - Office FOR SALE


South Burlington, VT 05403
$6,125,000 USD
972-597-9686
193 Tilley Dr, South Burlington, VT for Sale
$6,125,000 USD
Office - FOR SALE
1/9
null | 7.74% Cap Rate

193 Tilley Dr
South Burlington, VT 05403


HIGHLIGHTS

  • Complementary Co-Tenancy
  • 100% Occupied
  • LEED Certified

OVERVIEW

The PC Construction Headquarters building at 193 Tilley Drive in South Burlington, Vermont is a high-quality multi-tenant office building in one of the most desirable commercial corridors within the Burlington metropolitan area. The property contains approximately 28,299 rentable square feet and is currently 100% leased on a NNN basis to a stable mix of professional office tenants. The tenant roster includes PC Construction Company, a nationally recognized construction firm headquartered in at the subject property, along with Stantec Consulting Services, a global engineering and design company, and Performance Orthopedic Design, a medical orthotic device design firm. The property offers investors stable in-place income with long-term historic tenancy, a strong regional location, and the opportunity to acquire a well-maintained office asset in Vermont’s largest and most economically vibrant metropolitan market.

FOR SALE DETAILS

PRICE

$6,125,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PC Construction Headquarters

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

142

LAND DETAILS

LAND ACRES

7.86 AC

LAND SF

342,382 SF

ZONING

-

APN/PARCEL ID

(188) 1718-00193

ASK ABOUT THIS PROPERTY

Chris AdamsTrade PropertiesMore Info
972-597-9686

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Chris AdamsTrade PropertiesMore Info
972-597-9686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.