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Prime Retail Space on Route 302

856 US Route 302, Barre, VT

For Lease
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High-visibility retail spaces available in Cherry Hill Plaza.

Space Size11,463 SF
Lot Size3.07 Acres
Days on Market1479

Property Features for 856 US Route 302

General Information

Standard status Active
Size 11,463 SF
Lot size 3.07 Acres
Property subtype RETAIL

Spaces For Lease

at 856 US Route 302
Cherry Hill Plaza-High Visibility Retail Opportunity $16/SF/Yr
Size 11,463 SF
Type RETAIL
Availability AVAILABLE
Built in 2015, Cherry Hill Plaza offers incredible visibility and presence on the busy Barre-Montpelier Road (Us Route 302). Located in front of the main shopping center on Route 302, whose tenancies include Price Chopper, Staples, TJ Maxx, and PetSmart, Cherry Hill Plaza is currently home to T-Mobile, Aspen Dental and Miracle Ear. Multiple storefronts available, with large glass storefronts and entrances, providing maximum exposure and visibility from Route 302. One space (1,747 +/- SF) is available in as built condition, with a demised rear area and private restroom, as well as a double access door at the rear. Remaining space is currently in non-demised warm, dark shell condition with floors not poured, allowing maximum buildout flexibility at lowest cost. Turn-key delivery available. This is a great opportunity for a high-visibility, convenient location in Central Vermont! SIZE: 1,000-9,000 +/- SF ZONING: Retail, restaurant, general office, medical PRICE: $16.50/SF, NNN ($3.75/SF, plus utilities)
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Listing Agency: V/T Commercial
Listed By: Tony Blake · License #081.0003300
Source: Moodyscre
Added: Oct 20, 2022 Changed: Oct 26 Last Checked: Nov 6 at 6:38AM

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 V/T Commercial

Rey
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Investment Insights

Based on property information with market context.

Cherry Hill Plaza, constructed in 2015, offers significant visibility on Barre-Montpelier Road (US Route 302). The property is situated in front of a major shopping center whose tenants include Price Chopper, Staples, TJ Maxx, and PetSmart. Currently, Cherry Hill Plaza houses T-Mobile, Aspen Dental, and Miracle Ear. Multiple storefronts are available, featuring large glass storefronts and entrances that maximize exposure to Route 302. One space, approximately 1,747 square feet, is available in as-built condition, including a demised rear area, a private restroom, and a double access door at the rear. The remaining space is in a non-demised warm, dark shell condition without poured floors, providing buildout flexibility. Turn-key delivery is available. The zoning allows for retail, restaurant, general office, and medical uses. The available spaces range from 1,000 to 9,000 square feet.

Key Highlights

  • High visibility location on Barre‑Montpelier Road (US Route 302).
  • Located in front of a major shopping center with Price Chopper, Staples, TJ Maxx, and PetSmart.
  • Flexible buildout options with warm, dark shell condition and floors not poured.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Storage Facility

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
11,056 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Strip mall - High-visibility retail spaces available in Cherry Hill Plaza.
Where is this strip mall located?
The property is located at 856 US Route 302 Barre, VT.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: High visibility location on Barre‑Montpelier Road (US Route 302).; Located in front of a major shopping center with Price Chopper, Staples, TJ Maxx, and PetSmart.; Flexible buildout options with warm, dark shell condition and floors not poured.
(802) 343-0119 · Office Call to check price and availability
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