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Highest & Best Opportunity Zone
310 Main Street
Excellent long term national and government tenant base property on Main Street - No Brainer!
Listing Contacts
License: VT VT 082.0117500
Highest & Best
Asking Price: $1,000,000
Listing Broker NameMarek Kovac
Brokerage NameTPW Real Estate
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Address
310-320 Main St, Bennington, VT 05201
Show on MapDate Added
Oct 30, 2024
Days on Market
145 days
Time Since Last Update
43 days
Details
Property TypeMixed Use, Office
SubtypeCreative Office, Medical Office, Traditional Office
Investment TypeNet Lease
ClassA
Lease TypeGross
Tenant CreditCredit Rated
TenancyMulti
Brand/TenantCitizens Bank
Number of Tenants3
Lease Term3.6 years
Lease Commencement02/09/2025
Lease Expiration08/31/2028
Remaining Term3.4 years
Square Footage8,875
Net Rentable (sq ft)8,875
Price/Sq Ft$112.68
Cap Rate7.50%
Pro-Forma Cap Rate7.50%
Occupancy100%
Occupancy Date02/09/2025
NOI$75,000
Pro-Forma NOI$75,000
Units3
Year Built1987
Buildings1
Stories2
ZoningDowntown
Lot Size (acres)0.32
Parking (spaces)10
Rent BumpsCPI
Lease OptionsYES
Ground LeaseNo
Sale ConditionFor sale by owner
Marketing Description
Unlock the potential of this fully leased commercial property, situated in the heart of Bennington’s vibrant downtown district. This high-visibility building boasts a prime location on Main Street, offering consistent business exposure. The turnkey property features three well-maintained units, all currently occupied by established tenants, ample on-site parking and proximity to local attractions make this property an attractive spot for retail, office, or service-based businesses.
Investment Highlights
Fully leased
Downtown location
Onsite parking
Valuation Calculator
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
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0
DSCR
7.5%
Cap Rate
7.5%
ROI
Property History
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Due Diligence
Listing Contacts
- License: VT VT 082.0117500
Schedule a Tour
In Person
Virtual
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Broker Information
Broker Name
Marek Kovac
Broker License
82.0117501
Brokerage Name
TPW Real Estate
Broker Title
Licensed Real Estate Agent
Brokerage Address
4903 Main Street
Brokerage Phone
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