230 N Main St, Rutland, VT 05701
Commercial property for sale
230 N Main St, Rutland, VT 05701
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- Description
- Exceptional Retail/Office Plaza with 4 bldgs with over 24,000 sf gross leasable area and plenty of parking on just under 4 acres. Front Bldg #1 with slate facade is 9,408 sf on one floor; northwest corner bldg #2 with 3,149 sf (1,968 sf on 1st floor + 1,181 sf loft area); middle-north bldg #3 has 5,376 sf (2,688 sf 1st floor + 2,688 sf 2nd floor); and rear bldg #4 has 6,784 sf (3,584 sf on 1st floor + 3,200 sf on 2nd floor). Additional acre of land fenced in at rear available for sale or ground lease. Stated Cap Rate is based upon lease-up at an average rent of $8.00/sf, NNN, using a 10% vacancy factor. Current asking rents average $8.75/sf, NNN. Building price details: $1,790,000.
- Property Details
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Building Name: Tenneybrook Square Property Type: Retail Use Types: Free-Standing Store, Mixed Use, Net Leased, Strip Center Status: Available Price: $ 72 +/SF Number of Stories: 2 Year Built: 1978 Year Renovated: 2006 MSA: Rutland Zoning: Gateway Business N Main Buildings: 4 Broadband Internet: Cable Construction: Stone, Wood Siding Terms: Cash to Seller Added: 02/17/2012 Last Update: 03/17/2012 - Exterior Features
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Parking: Yes Parking Spaces: 120 Parking Type: Surface - Contact info
- 802-773-0600 [Office]
- Note
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