Former Aaron's | 26-30 Merchants Row
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Former Aaron's 26-30 Merchants Row
22,200 SF Retail Building Rutland, VT 05701 $1,178,400 ($53/SF) 7.26% Cap Rate
Executive Summary
The Kase Group is pleased to present the opportunity to acquire a soon to be
vacant retail property in Rutland, Vermont. Aaron's is paying rent through the
remaining of their 3.7 year term. The building consists of 22,000 square feet
situated on a 0.28 acre lot. The site benefits from its location across the street
from Rutland Plaza, a 223,31 square foot center with major retailers that include
Walmart, Mattress Firm, Dollar Tree, T.J Maxx, UPS, Subway and more.
In Association with ParaSell, Inc. | A Licensed Vermont Broker #083.0650387-MAIN
vacant retail property in Rutland, Vermont. Aaron's is paying rent through the
remaining of their 3.7 year term. The building consists of 22,000 square feet
situated on a 0.28 acre lot. The site benefits from its location across the street
from Rutland Plaza, a 223,31 square foot center with major retailers that include
Walmart, Mattress Firm, Dollar Tree, T.J Maxx, UPS, Subway and more.
In Association with ParaSell, Inc. | A Licensed Vermont Broker #083.0650387-MAIN
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,200 SF
Building Class
C
Year Built
2006
Price
$1,178,400
Price Per SF
$53
Cap Rate
7.26%
NOI
$85,514
Tenancy
Single
Building Height
2 Stories
Building FAR
1.82
Land Acres
0.28 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
Parcel Number | 540-170-14810 | Improvements Assessment | $469,700 |
Land Assessment | $46,300 | Total Assessment | $516,000 |
PROPERTY TAXES
Parcel Number
540-170-14810
Land Assessment
$46,300
Improvements Assessment
$469,700
Total Assessment
$516,000
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Former Aaron's | 26-30 Merchants Row
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