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Airport Road Industrial Park

Fully leased industrial park with 100% occupancy and a roster of established, long-term tenants.

Listing Contacts

Active

Asking Price: $3,600,000
Address 

14 Terrys Loop, MANCHESTER CENTER, VT 05255

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Date Added
Oct 15, 2024
Days on Market
160 days
Time Since Last Update
60 days

Details

Property TypeIndustrial, Mixed Use
SubtypeFlex, Manufacturing, Warehouse
Investment TypeNet Lease
Investment Sub TypeNNN Net Lease
ClassA
Lease TypeNNN
TenancyMulti
Square Footage38,346
Net Rentable (sq ft)38,346
Cap Rate6.11%
Occupancy100%
NOI$220,000
Units25
Year Built1990s
Year Renovated2020s
Buildings7
Stories2
ZoningMixed Use 2 (MU2)
Lot Size (acres)3.84
APNSPAN# - 375-116-11141
OwnershipLLC
Sale ConditionFor sale by owner

Marketing Description

Property Overview: This fully leased industrial park offers a unique and attractive investment opportunity for discerning buyers.​ With 100% occupancy and a roster of established, long-term tenants, the property ensures stable cash flow and low turnover risk.​ Professionally managed and well-maintained, the industrial park is an exceptional choice for investors seeking a hassle-free, income-producing asset.​

Key Features:

  • 100% Occupancy: All units are fully leased to a diverse mix of reliable, long-standing tenants, offering guaranteed rental income from day one.​

  • Established Tenants: The tenant base consists of well-known industrial and logistics businesses, providing a solid foundation for steady cash flow.​

  • NNN Leases: The property is offered on NNN (Triple Net) leases, ensuring minimal operating expenses for the owner.​ Tenants are responsible for property taxes, insurance, and maintenance, maximizing the investor's return.​

  • Prime Location: Strategically located near highway, and in a Mixed-Use (MU2) zone, ensuring continuous demand from tenants.​

  • Professional Management: The property is professionally managed, with all maintenance, tenant relations, and day-to-day operations handled by an experienced team.​ Investors can enjoy a truly passive income stream without the complexities of hands-on management.​

  • Well-Maintained Property: The industrial park has been meticulously maintained, with regular updates and improvements ensuring that the facilities remain in excellent condition for tenants and attractive to potential new occupants.​

Investment Highlights

Investment Highlights:

  • Turnkey Investment: Immediate cash flow with no need for tenant recruitment or capital improvements.

  • Stable Income Stream: Long-term leases with established tenants provide security and predictability for investors.

  • High-Quality Asset: With minimal landlord responsibilities due to NNN leases and a fully occupied property, this offering presents a low-risk, high-reward investment.

  • Growth Potential: As a well-located, high-demand industrial property, there's potential for future rent growth, further increasing the asset's value over time.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$220,000.00
$18,333.33/mo

Valuation Metrics

0
DSCR
6.11%
Cap Rate
6.11%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Information
Broker Name
Paul William Carroccio
Broker License
VT VT 082.0117500
Brokerage Address
Manchester, United States 05255
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