For Sale
$3,600,000

14 Terrys Loop MANCHESTER CENTER, VT 05255

Vermont industrial park: high ROI, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 38,346 square foot industrial park in Manchester Center, Vermont, presents a compelling investment opportunity. Comprising seven buildings on a 3.84-acre lot (APN: SPAN# - 375-116-11141), this Class A property boasts 100% occupancy across 25 units, generating a substantial NOI of $220,000 and a 6.11% cap rate. The property, built in the 1990s and renovated in the 2020s, features a mix of flex, manufacturing, and warehouse spaces, all under NNN (Triple Net) leases, minimizing landlord responsibilities. The diverse tenant roster of established businesses ensures a stable income stream. Located in a Mixed Use 2 (MU2) zone, this strategically positioned park offers significant growth potential. The asking price is $3,600,000, representing a turnkey investment with immediate cash flow and minimal management requirements. This multi-tenant, two-story property offers a low-risk, high-reward opportunity for discerning investors seeking a passive income stream. The property is owned by an LLC and is currently for sale by owner.

Highlights

  • $3,600,000 asking price for a 38,346 square foot industrial park.
  • 100% occupancy with a stable NOI of $220,000 and a 6.11% cap rate.
  • NNN net lease structure with minimal landlord responsibilities.
  • Seven buildings totaling 25 units on a 3.84-acre lot in Manchester Center, Vermont.
  • Mixed-use zoning (MU2) with established, long-term tenants.

Property Details for 14 Terrys Loop

Property type
Warehouses, Mixed-use properties
Square Feet
38,346 SF
Class
A
Year Built/Renovated
1990/2020
Buildings
7
Stories
2
Lot Size (sq. ft)
167,270 SF
Units
25

Location Insight

City
MANCHESTER CENTER
County
Bennington
State
Vermont
Latitude
43.1602375
Longitude
-73.0484226
14 Terrys Loop, MANCHESTER CENTER, Vermont

FAQs

What type of property is this?
Warehouse - Vermont industrial park: high ROI, NNN lease.
Where is the warehouse located?
The property is located at 14 Terrys Loop MANCHESTER CENTER, VT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: $3,600,000 asking price for a 38,346 square foot industrial park.; 100% occupancy with a stable NOI of $220,000 and a 6.11% cap rate.; NNN net lease structure with minimal landlord responsibilities.
How can I contact the broker?
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14 Terrys Loop
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