Flex Space Warehouse with
1717 Williston Rd South Burlington, VT 05403
For Sale
Contact for pricing
Flex space building with a climate-controlled high bay warehouse, dock and at-grade door, and 3-phase power.
Property Size17,620 SF
Price / SF$147.28
Days on Market564
Property Features for 1717 Williston Rd
General Information
Standard status
Active
Size
17,620 SF
Property subtype
RETAIL
Listing Agency:
V/T Commercial
(802) 343-0119
Listed By:
Tony Blake
(802) 343-0119
Source:
Moodyscre
Added: Jan 11, 2025
Changed: Jul 29
Last Checked: Jul 29 at 4:04PM
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 V/T Commercial
Investment Insights
Based on property information with market context.
This flex space warehouse and retail building totals 17,620 +/- SF and has been occupied by a mattress and bedroom company for many years. Recent upgrades include a 5000 +/- SF climate-controlled high bay warehouse with a dock and an at-grade door, along with upgraded bathrooms and fully upgraded retail frontage.
Systems and building improvements include 3-phase power, a 16 camera web-connected security system, a new roof for the back of the building, all new flooring, and upgraded LED lighting. The layout also supports a tenant need for both warehouse operations and street-facing retail.
The current owner is willing to lease back for a significant amount of time to provide new ownership time to find a tenant.
Systems and building improvements include 3-phase power, a 16 camera web-connected security system, a new roof for the back of the building, all new flooring, and upgraded LED lighting. The layout also supports a tenant need for both warehouse operations and street-facing retail.
The current owner is willing to lease back for a significant amount of time to provide new ownership time to find a tenant.
Key Highlights
- 17,620 +/- SF flex space building at 1717 Williston Rd, South Burlington, VT
- 5000 +/- SF climate controlled high bay warehouse with dock and at grade door
- 3 phase power
Financial Insights For Warehouse
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 | $222.0k | $12.60 |
| − Vacancy | −$2.7k | −$0.15 |
| EGI | $219.3k | $12.45 |
| − OpEx | −$32.9k | −$1.87 |
| NOI | $186.4k | $10.58 |
17,620 SF · lease $12.60/SF/yr · vacancy 1.20% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$4.03M
$3.53M – $4.71M
NOI $282,436 @ 7.0% cap · market cap 10.88%
Second Best
Retail
$3.69M
$3.23M – $4.31M
NOI $258,422 @ 7.0% cap · market cap 9.96%
Theoretical Best
Office A
$4.83M
$4.23M – $5.64M
NOI $338,304 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- The Hungry Pea — 6 Mayfair St, South Burlington, VT 05403
- Taco Truck All Stars — 1977 Williston Rd, South Burlington, VT 05403
Frequently Asked Questions
What type of property is this?
Flex space - Flex space building with a climate-controlled high bay warehouse, dock and at-grade door, and 3-phase power.
Where is this flex space located?
The property is located at 1717 Williston Rd South Burlington, VT.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: 17,620 +/- SF flex space building at 1717 Williston Rd, South Burlington, VT; 5000 +/- SF climate controlled high bay warehouse with dock and at grade door; 3 phase power
