Domino's NNN Investment Property for Sale - Burlington VT
Retail | 6.50% CAP | 1,625 SqFt
Marketing description
1548 North Avenue is a highly visible freestanding retail property situated along Burlington’s primary North Avenue corridor (VT Route 127), serving the city’s established New North End neighborhood. The property benefits from long-standing occupancy as a Domino’s location, a dedicated customer base, and convenient access to downtown Burlington, Colchester, and surrounding residential communities. Positioned on approximately 0.48 acres with direct frontage along North Avenue, the site offers strong local traffic exposure and serves as an established neighborhood quick-service restaurant destination. The lease currently has just under 10 years remaining with an expiration date of June 30, 2036, plus two (2) five (5) year renewal options. The lease is personally guaranteed by the owner of ESP Pizza LLC. Broker of Record: Brian Brockman - Broker; License #: 81.0134052; Bang Realty-New England Inc; [email protected]; 513-898-1551.
Investment highlights
Long-standing Domino's Pizza location with decades of operating history. Infill Burlington real estate within one of Vermont's strongest retail and residential markets. Freestanding net-leased quick-service restaurant asset on a standalone parcel.
Established neighborhood-serving location with convenient access to surrounding residential communities. High barrier-to-entry site supported by existing improvements and long-term use as a quick-service restaurant. Rare Burlington investment opportunity in a market with limited supply of freestanding net-leased retail assets.
Offered For Sale at $1,015,000 with a $66,000/yr NOI which represents a 6.5% Cap Rate.
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