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Single-Tenant Net-Leased Supermarket
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27 Mad River Canoe Road, Waitsfield, VT 05673

Long-term lease includes scheduled rent increases and an Albertson's guaranty.

Property Size15,094 SF
Price / SF$208.70
Days on Market34

Property Features for 27 Mad River Canoe Road

General Information

Standard status Active
Size 15,094 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $181,128

Additional Details

Highway Access Yes

Building Details

Year Built 1984
Buildings 1
Tenancy Single
Listing Agency: CBRE - Boston
Listed By: Nat Heald · License #MA 9088276-RE-S
Source: Crexi
Added: Jul 29 Changed: Aug 30 Last Checked: Aug 30 at 1:28AM

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.

This 15,094-square-foot supermarket was constructed in 1984 and is occupied by a single tenant under a fully net lease. The recently extended agreement provides a new 15-year term, with a 15% contractual rent increase after year five and additional 10% increases at five-year intervals. The lease extension also includes a full Albertson's guaranty.

Located at 27 Mad River Canoe Road in Waitsfield, Vermont, the property fronts the Route 100 corridor and sits less than 20 miles from Montpelier. The surrounding area includes Sugarbush Mountain, Mad River Glen, and Green Mountain Valley Ski Academy, supporting the town's year-round recreational setting. Interstate 98 is a short drive from the property.

Key Highlights

  • 15,094‑square‑foot supermarket built in 1984
  • Single‑tenant, fully net lease structure
  • Recently extended for a new 15‑year term

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center Furniture & Home Goods Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 57% Shops & Services 43%
Shaw's Supermarket Groceries
11,494 visits/mo 0.1 miles
Mobil Shops & Services
8,151 visits/mo 0.1 miles
Fisher Auto Parts Shops & Services
378 visits/mo 0.4 miles

Demographics for 05673, VT

2,680
Population
1,872
Households
1.4
Avg Household Size
48
Median Age
64%
College-Educated
98%
High-School Grad
53.0 sq mi
ZIP Area
51
Density / Sq Mi
$94,837
Median Household Income
$50,676
Median Earnings
$1,341
Median Rent
$434,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Shaw's 27 Mad River Canoe Rd, Waitsfield, VT 05673

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Long-term lease includes scheduled rent increases and an Albertson's guaranty.
Where is this grocery and convenience store located?
The property is located at 27 Mad River Canoe Road Waitsfield, VT.
What is the asking price?
The asking price for this property is $3,150,052.
What are key features of this property?
This property features: 15,094‑square‑foot supermarket built in 1984; Single‑tenant, fully net lease structure; Recently extended for a new 15‑year term
(617) 953-0152 Call to check price and availability
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