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18 Lower Mountain View Dr
Colchester, VT 05446

$4,589,000 USD

Restaurant For Sale  •  6,400 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,400 SF
  • Lot Size 0.57 AC
  • Building Class B
  • Year Built 2019
  • Tenancy Multiple
  • Zoning COM
30 Transit Score
50 Walk Score

Highlights

$275,343 in current NOI across four tenants, all NNN, with tenants reimbursing their pro-rata share of taxes, insurance, and CAM
10% increases every five years through the initial terms and each option period, plus renewal options remaining across the strip
Starbucks Corporation and Eastrise Federal Credit Union on corporate leases
Starbukcs, which recently waived it's termination option, alongside Great Clips, the largest salon brand in North America
Signalized hard-corner at Roosevelt Highway / US-7 (23,000+ VPD) and Lower Mountain View Drive, with direct Interstate 89 access (39,000+ VPD)
Outparcel to Hampton Inn and anchored by Vermont's only Costco Wholesale (53,000 residents and average household incomes exceeding $108,933 within fiv

Public Transportation

Commuter RailDriveWalkDistance
Burlington (Ethan Allen Express - Amtrak) 9 min - 3.5 mi
Essex Junction-Burlington Amtrak Station (Vermonter - Amtrak) 12 min - 5.3 mi
AirportDriveWalkDistance
Patrick Leahy Burlington International 13 min - 3.9 mi
Plattsburgh International 61 min - 30.9 mi
Brian Wolfman 949-939-4833 Blue West Capital, LLC.
Brian Wolfman 949-939-4833 Blue West Capital, LLC.