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120 Depot St

Bennington, VT 05201

$1,100,000

Storefront For Sale  •  22,518 Sq Ft

Property Details

  • Property Type Storefront
  • Total Building Size 22,518 Sq Ft
  • Lot Size 1.7 ac
  • Building Class B
  • Cap Rate 10.00 %
  • Tenancy Multiple
  • Zoning Commercial
26 Transit Score
83 Walk Score

Description

Family Dollar anchored retail plaza just outside Downtown Bennington, VT.  the 22,500 Sq. Foot Plaza has a good mix of Regional & National tenancy with Family Dollar (national), Anytime Fitness (national franchise), Phytoscience Institure (dispensary), Hollister Appliance & the renowned TJ's fish fry (local).  
Recent investments in the property include:  new roof on 60% of the building, new Energy Recovery Ventilator in the Phytoscience space, turn-key vanilla box delivery to Phytoscience, as well as brand new vents and diffusers .  

12-month forward looking NOI of $110,220, makes this $1,100,000 an attractive 10+ cap, unleveraged.

This sought after address is located in 
Downtown Bennington, and adjacent to the new Dollar General.  Traffic counts along W. Main Street are 10,126 per VT DOT.

Financial Summary (Actual)

Net Operating Income: $80,535 (2016)
Cap Rate: 10.00 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Eamon Moran 978-669-4028 Aubuchon Realty Company, Inc.
Eamon Moran 978-669-4028 Aubuchon Realty Company, Inc.