42 Us-7 Rutland, VT 05701

This exceptional investment opportunity presents a newly constructed (2021), 15,630-square-foot Harbor Freight Tools store in Rutland, Vermont. Located at 42 US-7, this Class A, single-tenant retail property sits on a 7-acre lot and boasts a strong 14-year remaining lease term (expiring February 28, 2037), commencing September 30, 2021. The property features a net lease structure with built-in rent bumps, ensuring consistent income growth. The current annual net operating income (NOI) is $288,217, yielding a compelling 5.45% cap rate based on the $5,288,389 asking price. The property's strong tenant, Harbor Freight Tools, provides significant stability and security for investors. The building is a one-story structure, offering convenient access and functionality. This investment is ideal for those seeking a low-risk, high-return opportunity in a stable market. The price per square foot is $368.80. The lease includes 10% rent increases every five years. This is a 100% occupied property.