45 Old Farm RdStowe, VT 05672
- Retail properties
Property Details for 45 Old Farm Rd
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
This exceptional investment opportunity presents a recently constructed, state-of-the-art pharmacy and wellness center located at 45 Old Farm Road in Stowe, Vermont. Situated on a 0.83-acre lot within the Stowe Professional Center Condominiums, this property enjoys a prime location on a busy thoroughfare between Interstate 89 and downtown Stowe. The building is currently under a 20-year triple-net (NNN) lease with 19 years remaining, providing significant long-term income stability. The tenant, operating a pharmacy, commenced their lease one year ago. The property boasts a strong cap rate of 6.41% and a net operating income (NOI) of approximately $160,000. This translates to an attractive return on investment, making it a compelling proposition for discerning investors. The asking price is $2,495,000. Detailed lease agreements are available for review upon request, and a non-disclosure agreement (NDA) is required for access to further information. This property offers a rare combination of location, long-term lease, and strong financial performance, making it an ideal addition to any investment portfolio. The zip code is 05672, and the property is located in Lamoille County.
Location Insight
- City
- Stowe
- County
- Lamoille
- State
- Vermont
- Latitude
- 44.4524
- Longitude
- -72.696
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