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Aspen Dental, AT&T, Miracle Ear, & Sports Cli | 474 Holiday Dr
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Aspen Dental, AT&T, Miracle Ear, & Sports Cli 474 Holiday Dr
8,293 SF 100% Leased Retail Building Rutland, VT 05701 £2,811,357 (£339/SF) 7.36% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Across the Street from New Walmart Development
- New HVAC Units
- NNN Leases
- Solid Tenant Mix
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Strip Center located at 474 Holiday Drive, Rutland, VT 05701. The site consists of roughly 8,293 rentable square feet of building space on an estimated 0.86-acre parcel of land. The current annual rent is $259,821 and has a weighted average lease term of 3.2 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,293 SF
Building Class
B
Year Built
2009
Price
£2,811,357
Price Per SF
£339
Net Initial Yield
7.36%
NOI
£207,018
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
0.89 AC
Parking
41 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
185 ft on Holiday Drive
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £950,453 | |
Land Assessment | £437,092 | Total Assessment | £1,450,135 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£437,092
Improvements Assessment
£950,453
Total Assessment
£1,450,135
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Aspen Dental, AT&T, Miracle Ear, & Sports Cli | 474 Holiday Dr
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