Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    35 White St South Burlington, VT 05403

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $41 SF/Yr ($10,000 /Mo)

    Retail space with existing equipment and renovation plans.

    Property size:
    2,912 SF
    Lot size:
    0.55 Acres

    Property Features for 35 White St

    General Information

    Size
    2,912 SF
    Lot size
    0.55 Acres

    We can help!

    Listing Contact
    Linda I Letourneau
    Source: Moodyscre

    Listing Agent: Linda I Letourneau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Former Sub Shop Retail Space

    This 2,912-square-foot retail space, formerly a sub shop, is available for rent. The space includes two coolers, a three-bay sink, a single sink, a counter, and convection equipment, along with some tables and chairs. It features two bathrooms, an open dining area, and a back room suitable for prep, storage, and office use. The property is open to various new uses, and the optionee plans to close on the location in July with a renovation plan for the outside. The space may be ideal for a bagel shop, pizza shop, or other retail businesses. It offers good parking and multiple entrances from both Williston Road and White Street. Note that there is no hood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1721653
    Latitude
    44.4676405

    Nearby Similar for Lease

    • Contact for pricing

      South Burlington Commercial Space Available

      Commercial space for lease in South Burlington with drive-throughs.
      80 Midas Dr, South Burlington, VT 05403
      View Details
    • $3,750,000
      12,000 SF

      South Burlington Mixed-Use Space Available

      Renovated mixed-use space with office, showroom, and warehouse areas.
      2 Gregory Dr, South Burlington, VT 05403
      View Details
    • $16 SF/Yr
      2,875 SF

      Class A Office Space Available

      LEED Certified office space for rent in South Burlington.
      725 Community Dr, South Burlington, VT 05403
      View Details
    • $18 SF/Yr
      6,564 SF

      Retail Space in Blue Mall

      End-cap retail space in a vibrant, high-traffic location.
      150 Dorset St, South Burlington, VT 05403
      View Details
    • $8,500,000
      48,578 SF

      Spacious Office Building with Lake Views

      Modern office building with lake views and ample parking.
      25 Green Mountain Dr, South Burlington, VT 05403
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Warehouse Space For Rent

      Industrial warehouse space available in South Burlington near the airport.
      1205 Airport Pkwy, South Burlington, VT 05403
      View Details
    • $16 SF/Yr
      7,912 SF

      High Visibility Office Space Available

      Professional office space with abundant parking and natural light.
      1795 Williston Rd, South Burlington, VT 05403
      View Details
    • $15 SF/Yr
      4,148 SF

      Former Restaurant Space on Shelburne

      Former restaurant location with flexible uses, parking, and signage.
      1834 Shelburne Rd, South Burlington, VT 05403
      View Details
    • Contact for pricing
      5,600 SF

      High-Traffic Retail Space in South Burlington

      5,600 SF Available, Prime Location
      861 Williston Rd, South Burlington, VT 05403
      View Details
    • $22 SF/Yr
      1,200 SF

      Prime Retail/Office Space Available

      High-visibility retail/office space near I-89 and UVM.
      100 Dorset St, South Burlington, VT 05403
      View Details
    • $15 SF/Yr
      1,077 SF

      Shelburne Square Retail Space Available

      Storefront space in Shelburne Square, ideal for service office.
      Shelburne Sq, South Burlington, VT
      View Details
    • $14 SF/Yr
      5,808 SF

      South Burlington Flex/Office Space

      Flexible office/light industrial building near downtown, I-89, and airport.
      21 Gregory Dr, South Burlington, VT 05403
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with existing equipment and renovation plans.
    Where is this retail space located?
    The property is located at 35 White St South Burlington, VT.
    What is the lease rate?
    The lease rate is $41 SF/Yr.
    What are key features of this property?
    This property features: - Existing infrastructure suited for food service, including coolers, sinks, counter, convection equipment, tables & chairs.; - Good parking and multiple entrances from two streets (Williston Road and White Street).; - Flexible space suitable for various uses such as bagel shop, pizza shop, or retail.
    (802) 864-2000
    Request Owner's contact information
    35 White St South Burlington, VT 05403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35 White St
    South Burlington, VT 05403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35 White St South Burlington, VT 05403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Linda I Letourneau
    (802) 864-2000
    Learn more
    Google sign-in failed. Please try again or use another login method.