Shaw's Grocery
For Sale
Contact for pricing
160 Paine Turnpike N, Berlin, VT 05602
Established supermarket location supported by an absolute net lease and nearly 30 years of operating history.
Property SizeContact for details
Days on Market143
Property Features for 160 Paine Turnpike N
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Boston
(617) 953-0152
Listed By:
Nat Heald · License #MA 9088276-RE-S
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:35PM
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 CBRE - Boston
Investment Insights
Based on property information with market context.
Shaw's Supermarket occupies the property at 160 Paine Turnpike N in Berlin, Vermont, where the store has operated for nearly 30 years. The asset is leased on an absolute net basis, placing operating obligations with the tenant.
The lease was recently extended for 15 years, establishing a base term through December 31, 2039. Contractual rent increases are set at 8% every 5 years throughout the base term and extension periods. The lease guarantee is provided by J. Sainsbury, identified as Shaw's former parent company.
The lease was recently extended for 15 years, establishing a base term through December 31, 2039. Contractual rent increases are set at 8% every 5 years throughout the base term and extension periods. The lease guarantee is provided by J. Sainsbury, identified as Shaw's former parent company.
Key Highlights
- Shaw's Supermarket has operated at the location for nearly 30 years
- Recently extended 15‑year lease with base term through December 31, 2039
- Absolute net lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
122k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 60%
Groceries 22%
Dining 15%
Hotels & Casinos 3%
Walmart
Superstores
73,454 visits/mo
0.5 miles
Shaw's Supermarket
Groceries
27,181 visits/mo
0.0 miles
Applebee's
Dining
17,811 visits/mo
0.2 miles
Comfort Inn & Suites
Hotels & Casinos
3,670 visits/mo
0.2 miles
Demographics for 05602, VT
12,235
Population
5,961
Households
2.1
Avg Household Size
46
Median Age
61%
College-Educated
97%
High-School Grad
87.8 sq mi
ZIP Area
139
Density / Sq Mi
$81,552
Median Household Income
$51,127
Median Earnings
$1,184
Median Rent
$341,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Shaw's — 160 Paine Turnpike N, Berlin, VT 05602
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established supermarket location supported by an absolute net lease and nearly 30 years of operating history.
Where is this grocery and convenience store located?
The property is located at 160 Paine Turnpike N Berlin, VT.
What are key features of this property?
This property features: Shaw's Supermarket has operated at the location for nearly 30 years; Recently extended 15‑year lease with base term through December 31, 2039; Absolute net lease structure
