108 Northside Dr Bennington, VT 05201
High-yield, 10-year NNN Starbucks lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- Newly constructed 2,400 SF Starbucks with a 10-year net lease.
- 10% rent increase every 5 years, with four 5-year renewal options; no early termination clause.
- Minimal landlord responsibilities (roof and structure only).
- Investment-grade corporate guarantor.
- Starbucks (SBUX) is an S&P BBB+ rated company with a strong market presence.
- 2024 construction minimizes near-term capital expenditure needs.
Property Details for 108 Northside Dr
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,400 SF
- Class
- A
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 56,628 SF
- Units
- 1
Location Insight
- City
- Bennington
- County
- Bennington
- State
- Vermont
- Latitude
- 42.894818
- Longitude
- -73.203733
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, 10-year NNN Starbucks lease.
- Where is the retail property located?
- The property is located at 108 Northside Dr Bennington, VT.
- What is the asking price?
- The asking price for this property is $2,934,000.
- What are key features of this property?
- This property features: Newly constructed 2,400 SF Starbucks with a 10-year net lease.; 10% rent increase every 5 years, with four 5-year renewal options; no early termination clause.; Minimal landlord responsibilities (roof and structure only).
- How can I contact the broker?
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