Freestanding Net Lease Retail
For Sale
Contact for pricing
Pending
352 River St., Montpelier, VT 05602
Freestanding Tractor Supply on 5.02 acres with a net lease structure through September 2035 and four 5-year renewal options.
Property Size22,620 SF
Lot Size5.02 Acres
Days on Market169
Property Features for 352 River St.
General Information
Standard status
Pending
Size
22,620 SF
Lot size
5.02 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$396,984
Site & Location
Traffic Count
18,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.25%
Building Details
Year Built
2007
Buildings
1
Tenancy
Single
Listing Agency:
Touchstone Commercial Partners
Listed By:
James Harrison · License #CA 01364847
Source:
Crexi
Added: Mar 26
Changed: Aug 8
Last Checked: Sep 9 at 3:32PM
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 Touchstone Commercial Partners
Investment Insights
Based on property information with market context.
Freestanding Tractor Supply retail building built in 2006, offering 22,620 SF on 5.02 acres. The property is structured as a net lease with landlord responsibility limited to roof, parking lot, and insurance. The current lease runs through September 2035, with four 5-year renewal options. Each renewal option period includes a 10% rental increase.
The site is located on Route 302 with 18,500 vehicles per day and is approximately 4 minutes from I-89 (24,000 VPD). Tractor Supply is noted as the sole location serving a 30-mile trade radius. The retail corridor includes CVS, Dollar General, AutoZone, McDonald’s, Burger King, and Pizza Hut, and downtown Montpelier is approximately 2.5 miles away.
This offering is presented as a long-term, single-tenant net lease investment featuring a long remaining term and renewal rent escalators.
The site is located on Route 302 with 18,500 vehicles per day and is approximately 4 minutes from I-89 (24,000 VPD). Tractor Supply is noted as the sole location serving a 30-mile trade radius. The retail corridor includes CVS, Dollar General, AutoZone, McDonald’s, Burger King, and Pizza Hut, and downtown Montpelier is approximately 2.5 miles away.
This offering is presented as a long-term, single-tenant net lease investment featuring a long remaining term and renewal rent escalators.
Key Highlights
- Freestanding Tractor Supply (TSC) built in 2007: 22,620 SF on 5.02 acres.
- Net lease structure; landlord responsible for roof, parking lot, and insurance only.
- Lease term runs through September 30, 2035 with four 5‑year renewal options.
Property Analytics
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Current Use
Lease Details
18,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Home Improvements & Furnishings 48%
Tractor Supply Co.
Home Improvements & Furnishings
21,578 visits/mo
0.1 miles
Exxon
Shops & Services
11,766 visits/mo
0.4 miles
Dollar General
Shops & Services
7,400 visits/mo
0.5 miles
Agway
Home Improvements & Furnishings
4,677 visits/mo
0.4 miles
Valero Energy
Shops & Services
4,056 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding Tractor Supply on 5.02 acres with a net lease structure through September 2035 and four 5-year renewal options.
Where is this retail space located?
The property is located at 352 River St. Montpelier, VT.
What is the asking price?
The asking price for this property is $6,352,000.
What are key features of this property?
This property features: Freestanding Tractor Supply (TSC) built in 2007: 22,620 SF on 5.02 acres.; Net lease structure; landlord responsible for roof, parking lot, and insurance only.; Lease term runs through September 30, 2035 with four 5‑year renewal options.
