Absolute NNN Drug
For Sale
Contact for pricing
47 Executive Dr, Shelburne, VT 05482
Absolute NNN leasing places property operating costs, taxes, insurance, repairs, and capital improvements with the tenant.
Property SizeContact for details
Days on Market142
Property Features for 47 Executive Dr
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
5.95%
Building Details
Tenancy
Single
Listing Agency:
Hughes Commercial Real Estate LLC
Listed By:
Santina Hughes · License #NC 338993
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:43PM
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 Hughes Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This drug store property is occupied by an established pharmacy tenant under an absolute NNN lease. The tenant is responsible for operating expenses, property taxes, insurance, repairs, and required capital improvements, while a lease escalation is scheduled for 2027. The arrangement also provides for 100% tenant maintenance, limiting ongoing landlord obligations.
The property is located at 47 Executive Dr in Shelburne, Vermont. More than 107,000 residents live within a 15-minute drive, with average household income in that area reported at approximately $106,681 annually. The listing reflects a 5.95% cap rate and identifies the asset as suitable for a 1031 exchange replacement property.
The property is located at 47 Executive Dr in Shelburne, Vermont. More than 107,000 residents live within a 15-minute drive, with average household income in that area reported at approximately $106,681 annually. The listing reflects a 5.95% cap rate and identifies the asset as suitable for a 1031 exchange replacement property.
Key Highlights
- Absolute NNN lease structure with 5.95% cap rate
- Kinney Drugs pharmacy tenant
- Tenant responsible for operating expenses, taxes, insurance, repairs, and capital improvements
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 05482, VT
7,751
Population
3,596
Households
2.2
Avg Household Size
48
Median Age
69%
College-Educated
97%
High-School Grad
24.3 sq mi
ZIP Area
319
Density / Sq Mi
$115,019
Median Household Income
$71,660
Median Earnings
$1,244
Median Rent
$515,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Kinney Drugs Pharmacy — 47 Executive Dr, Shelburne, VT 05482
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN leasing places property operating costs, taxes, insurance, repairs, and capital improvements with the tenant.
Where is this drug store located?
The property is located at 47 Executive Dr Shelburne, VT.
What are key features of this property?
This property features: Absolute NNN lease structure with 5.95% cap rate; Kinney Drugs pharmacy tenant; Tenant responsible for operating expenses, taxes, insurance, repairs, and capital improvements
