Listed by Donahue & Associates
$6,000,000
Former Walgreens South Burlington, Vermont
Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 26,340
Units 2
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type NNN
Pro-Forma NOI $671,000
Price per SqFt $227
Broker Co-Op Yes
Year Built 1954
Year Renovated 2010
Buildings 1
Stories 2
Acreage 0.920
Zoning Commercial 1 - Residential 15
Investment Type Net Lease
Ground Lease No
PRICE REDUCED - Highly sought after retail location with 15,000 SF street level retail available
Marketing description
PRICE REDUCTION - OWNER SAYS SELL - Now $6,000,000
Exciting opportunity to acquire a highly visible former Walgreens location at lighted intersection on South Burlington's hihgly sought after Route 7/Shelburne Road corridor. This standalone former Walgreens property provides an investor the opportunity to re-tenant the property, and build out the 2nd floor into other uses, creating stabilized two two levels of high value lease space.
High density of high-volume retail and supermarket anchored centers in close proximity to the 514 Farrell Street Property. Call for details.
Investment highlights
High traffic, lighted intersection, with 15,000 SF of street level retail space. Former Walgreens location awaits your retailers concept!
Listing Contacts
Listed by Donahue & Associates
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
