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 $3,535,000 ($426/SF) 7.36% Cap Rate
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
$3,535,000
Price Per SF
$426
Cap Rate
7.36%
NOI
$260,304
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
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
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,195,100 | |
Land Assessment | $549,600 | Total Assessment | $1,823,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$549,600
Improvements Assessment
$1,195,100
Total Assessment
$1,823,400
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Aspen Dental, AT&T, Miracle Ear, & Sports Cli | 474 Holiday Dr
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