1239 US ROUTE 302 Barre VT 05641-2353

Town Fair Tire was established in 1967 by Neil Mellen in Fairfield, Connecticut. The company now operates more than 115 locations across New England, serving customers in Connecticut, Massachusetts, Rhode Island, New Hampshire, Maine, and Vermont, with its corporate headquarters based in East Haven, Connecticut. For more than 55 years, Town Fair Tire has built a reputation for offering high-quality, name-brand tires at competitive prices. Its services include tire and wheel sales, wheel alignments, balancing, repairs, winter change-overs, and tire rotations. The company’s pledge emphasizes providing safe, long-lasting, and competitively priced tires backed by strong guarantees. In 2020, Town Fair Tire became part of Mavis Discount Tire.

The subject property is a Town Fair Tire located along US-302 in Berlin. US-302 carries strong traffic volumes, with an average daily count exceeding 14,600 vehicles. The surrounding area features a population of more than 26,400 residents within a five-mile radius and over 44,600 residents within ten miles. Additionally, the average household income within three miles of the property surpasses $87,100. This location benefits from its placement within a busy retail corridor that includes a mix of national and local businesses, as well as nearby academic institutions and medical facilities. Prominent national retailers in the immediate area include Walmart Supercenter, McDonald’s, CVS, Burger King, Pizza Hut, and Dunkin’, among others. The property also draws from a strong educational presence, with three schools located within two miles and a combined enrollment of more than 900 students. Nearby lodging options, such as Hilltop Inn and Comfort Inn, further support consistent area activity. With excellent visibility and frontage along US-302, this Town Fair Tire offers strong underlying real estate fundamentals.

• Long term lease with over 18.5 years remaining

• Attractive 5% bumps every 5 years

• Absolute NNN lease with no landlord responsibilities

• Mavis Corporate guarantee

• Newer 2023 build

• Affluent community with average household income over $87,100 within three-mile radius

• Excellent frontage & visibility along US Route 302 which brings over 14,690 VPD

• Dense retail corridor that includes Walmart Supercenter, McDonald’s, CVS, Burger King, Pizza Hut & more

• Three miles from downtown Montpelier & 42 miles from downtown Burlington