For Lease
$12/SF/YR

56 Commons Dr Newport, VT 05855

1,400 sq ft Retail Space in Newport, VT

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional retail opportunity is located at 56 Commons Dr, Newport, Vermont, 05855, within the vibrant Price Chopper Plaza. The space, totaling 1,400 square feet, is perfect for a variety of businesses, including retail, office, or restaurant uses. The property is currently under new management and offers significant incentives to prospective tenants. These include free rent concessions, a substantial tenant improvement allowance, and flexible lease terms designed to accommodate individual business needs. The plaza benefits from a strong anchor tenant, Price Chopper, ensuring high foot traffic and visibility. The location is easily accessible, providing convenient access for customers and employees alike. This is a unique chance to establish or expand your business in a thriving commercial center with attractive financial incentives. The property is categorized as a grocery-anchored center with special services, offering a diverse customer base. The space is currently available for lease. Contact us today to learn more about this exciting opportunity.

Highlights

  • Exceptional location in Derby, VT, providing Price Chopper with exclusive northern Vermont market coverage within a 30-mile radius.
  • High traffic volume due to proximity to I-91, a major north-south artery.
  • Strategic location 15 miles from Jay Peak Resort, capturing significant tourist traffic.

Property Details for 56 Commons Dr

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
1,400 SF

Unit(s) available at that property

Space
Available Space 1
Size
1,400 SF
Rate per SF
$12

Location Insight

City
Newport
County
Orleans
State
Vermont
Latitude
44.953018439001
Longitude
-72.160813838037
56 Commons Dr, Newport, Vermont

FAQs

What type of property is this?
Retail property - 1,400 sq ft Retail Space in Newport, VT
Where is the retail property located?
The property is located at 56 Commons Dr Newport, VT.
What is the lease rate?
The lease rate is $12/SF/YR.
What are key features of this property?
This property features: Exceptional location in Derby, VT, providing Price Chopper with exclusive northern Vermont market coverage within a 30-mile radius.; High traffic volume due to proximity to I-91, a major north-south artery.; Strategic location 15 miles from Jay Peak Resort, capturing significant tourist traffic.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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56 Commons Dr
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