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Single-Tenant Office Building
For Sale
$9,831,653

60 West St, Rutland, VT 05701

2021 office property occupied by Community College of Vermont in Rutland.

Property Size34,341 SF
Price / SF$286.29
Days on Market39

Property Features for 60 West St

General Information

Standard status Active
Size 34,341 SF
Property subtype Office

Additional Details

Cap Rate 7.5%

Amenities

CREDIT TENANCY: Fitch AA+
CVV is the Second Largest College in the State of Vermont with Over 10,000 Students Annually
Community College of Vermont is Accredited by the New England Commission of Higher Education

Building Details

Building Size 34,341 SF
Year Built 2021
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Cleveland
Listed By: Christopher Mitchel · License #License(s): OH: SAL.2014000892
Source: Marcusmillichap
Added: Jul 22 Changed: Aug 29 Last Checked: Aug 29 at 1:03PM

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 Marcus & Millichap - Cleveland

Investment Insights

Based on property information with market context.

Built in 2021, this single-tenant office property is occupied by the Community College of Vermont. The building is located at 60 West St in Rutland, Vermont, and serves as an established institutional office asset.

The property sits on West Street near national retailers and service-oriented occupants including Walmart, UPS, Verizon, Dollar Tree, Mattress Firm, and T.J. Maxx. Its existing single-tenant configuration and current college occupancy provide a defined operating profile for prospective buyers.

Key Highlights

  • Single‑tenant office building constructed in 2021
  • Occupied by the Community College of Vermont
  • Located at 60 West St, Rutland, VT 05701

Property Analytics

Current Use

Community College of Vermont ... Community College

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Plumbing Service HVAC Service Butcher Carpet & Flooring Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,351
Businesses Nearby

Demographics for 05701, VT

20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 2021 office property occupied by Community College of Vermont in Rutland.
Where is this office building located?
The property is located at 60 West St Rutland, VT.
What is the asking price?
The asking price for this property is $9,831,653.
What are key features of this property?
This property features: Single‑tenant office building constructed in 2021; Occupied by the Community College of Vermont; Located at 60 West St, Rutland, VT 05701
More about this property
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