Freestanding Office-Use
1025 Airport Drive South Burlington, VT 05403
For Sale
$1,950,000
Single-story building with about 20 private offices, multiple restrooms, and shop/storage access via a loading door.
Property Size7,912 SF
Lot Size1.30 Acres
Price / SF$246.46
Days on Market9
Property Features for 1025 Airport Drive
General Information
Standard status
Active
Size
7,912 SF
Lot size
1.30 Acres
Property subtype
Commercial
Building Details
Year Built
1956
Listing Agency:
Lake Point Properties,LLC
Listed By:
Yana Walder
(802) 422-3600
Source:
Killingtonpicorealty
Added: Jul 21
Changed: Jul 26
Last Checked: Jul 29 at 4:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lake Point Properties,LLC
Investment Insights
Based on property information with market context.
This freestanding single-story commercial building offers a highly adaptable layout originally designed for office use. The interior includes approximately 20 private offices, multiple conference rooms or classrooms, collaborative work areas, several kitchenettes, restrooms, and a dedicated shop and storage area. A 12' x 14' overhead loading door supports practical back-of-house access.
The property sits on a 1.3+/- acre site in a highly accessible business corridor. It features 38 onsite parking spaces, two curb cuts, and convenient circulation with municipal water and sewer. The location places the building directly across from Patrick Leahy Burlington International Airport and just minutes from Interstate 89, with access to Williston Road and Kennedy Drive.
With office and education-ready improvements throughout, the building can also support a range of flexible commercial uses, subject to municipal approvals for any redevelopment.
The property sits on a 1.3+/- acre site in a highly accessible business corridor. It features 38 onsite parking spaces, two curb cuts, and convenient circulation with municipal water and sewer. The location places the building directly across from Patrick Leahy Burlington International Airport and just minutes from Interstate 89, with access to Williston Road and Kennedy Drive.
With office and education-ready improvements throughout, the building can also support a range of flexible commercial uses, subject to municipal approvals for any redevelopment.
Key Highlights
- 7,912+/- SF single‑story freestanding commercial building on 1.3+/- acres
- Approximately 20 private offices plus 6 conference rooms or classrooms and collaborative work areas
- Includes multiple kitchenettes, several restrooms, and a shop/storage area with a 12' x 14' overhead loading door
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.9k | $24.00 |
| − Vacancy | −$41.8k | −$5.28 |
| EGI | $148.1k | $18.72 |
| − OpEx | −$37.0k | −$4.68 |
| NOI | $111.1k | $14.04 |
7,912 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.59M
$1.39M – $1.85M
NOI $111,084 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,910 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Single-story building with about 20 private offices, multiple restrooms, and shop/storage access via a loading door.
Where is this office building located?
The property is located at 1025 Airport Drive South Burlington, VT.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 7,912+/- SF single‑story freestanding commercial building on 1.3+/- acres; Approximately 20 private offices plus 6 conference rooms or classrooms and collaborative work areas; Includes multiple kitchenettes, several restrooms, and a shop/storage area with a 12' x 14' overhead loading door
