Listed by TPW Real Estate
$995,000
310 Main Street
Details
Property Type Mixed Use, Office
Sub Type Creative Office, Medical Office
Square Footage 8,875
Net Rentable (SqFt) 8,875
Units 3
Cap Rate 7.54%
NOI $75,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Citizens Bank
Lease Type Gross
Lease Term 3.6
Lease Expiration 08/31/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options YES
Pro-Forma Cap Rate 7.54%
Pro-Forma NOI $75,000
Price per SqFt $112
Class A
Year Built 1987
Buildings 1
Stories 2
Acreage 0.320
Zoning Downtown
Parking Spaces 10 spaces
Parking Per SqFt 1.13
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 02/09/2025
Occupancy Date 02/09/2025
Ground Lease No
Sale Condition For sale by owner
Excellent long term national and government tenant base property on Main Street - No Brainer!
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
Listing Contacts
Listed by TPW Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
7.54%
Cap Rate
7.54%
ROI
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