Listed by Donahue & Associates
$9,000,000
87 Meadowland Drive, South Burlington VT 05403
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 180,710
Cap Rate 9.00%
Tenancy Single
Lease Type NNN
Price per SqFt $50
Lot Size (SqFt) 31.26
Single tenant, long time tenant, in prime Chittenden County location.
Marketing description
87 Meadowlands Drive is a 180,710 SF corporate manufacturing, warehouse, and distribution facility constructed in multiple phases over the last 40 years for Micron Computers. Additions were added in 1987, 1993, and 1998 as Lane Press took over and expanded the facility for their growing printing press operation.
The facility is well situated on a 31.26 acre site which includes 11,000 SF offices on two levels, manufacturing, high bay warehouse, shipping and receiving, employee and guest parking, and tractor-trailer access to 11 loading docks in multiple strategic locations. Opportunity to own a fully occupied industrial facility in a central Chittenden County, Vermont location.
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Listed by Donahue & Associates
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