For Sale
$3,600,000

14 Terrys Loop Manchester, VT 05255

High-Yield Industrial Park: 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional investment opportunity presents a 38,346 square foot, multi-tenant industrial park in Manchester, Vermont. The property, located at 14 Terrys Loop, boasts a 7.64% cap rate and a strong net operating income (NOI) of $275,000. Currently 100% occupied with 25 tenants under NNN leases averaging two years remaining, the property offers immediate cash flow. Comprising seven buildings on a 3.81-acre lot, the park features a mix of apartment, flex, and warehouse spaces, ideal for diverse business needs. Built in 1990 and renovated in 2024, the property includes 2 loading docks, 2 dock-high doors, and 14-foot ceilings. The property is zoned MU2 and offers excellent access to major transportation routes. The asking price is $3,600,000, translating to $93.88 per square foot. This is a rare opportunity to acquire a well-maintained, high-performing industrial park in a desirable Vermont location. The lease commencement date is November 5, 2024, and the lease expiration date is November 5, 2026. The property is owned by an LLC.

Highlights

  • 38,346 SF multi-tenant industrial park in Manchester, VT.
  • 7.64% cap rate and $275,000 NOI.
  • 100% occupied with 25 tenants on NNN leases averaging two years remaining.
  • Seven buildings on a 3.81-acre lot with a mix of apartment, flex, and warehouse spaces.
  • $3,600,000 asking price ($93.88/SF).

Property Details for 14 Terrys Loop

Property type
Warehouses, Office properties
Square Feet
38,346 SF
Class
B
Year Built/Renovated
1990/2024
Buildings
7
Stories
2
Lot Size (sq. ft)
165,964 SF
Units
25

Location Insight

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

FAQs

What type of property is this?
Warehouse - High-Yield Industrial Park: 100% Leased
Where is the warehouse located?
The property is located at 14 Terrys Loop Manchester, 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: 38,346 SF multi-tenant industrial park in Manchester, VT.; 7.64% cap rate and $275,000 NOI.; 100% occupied with 25 tenants on NNN leases averaging two years remaining.
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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14 Terrys Loop
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