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1548 North Ave
Burlington, VT 05408

$1,015,000 USD

General Retail For Sale  •  1,430 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,625 SF
  • Lot Size 0.3 AC
  • Building Class B
  • Year Built 1970
  • Cap Rate 6.50 %
  • Zoning RC
30 Transit Score
40 Walk Score

Highlights

Long-standing Domino's Pizza location with decades of operating history. For Sale at $1,015,000 with a $66,000/yr NOI which represents a 6.5% Cap Rate
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.
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Domino’s

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.6 mi
24 min - 9.3 mi
AirportDriveWalkDistance
Patrick Leahy Burlington International 25 min - 7.9 mi
Plattsburgh International 74 min - 34.1 mi
Chris McMahon 781-862-9700 Summit Realty Partners
Chris McMahon 781-862-9700 Summit Realty Partners