87 Meadowland Dr South Burlington, VT 05403
Sponsored
For Sale
$9,000,000
180,710 SF Warehouse/Distribution Center
Property size:
180,710 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Exceptional investment opportunity in South Burlington, Vermont, presents a fully occupied 180,710 square foot industrial facility situated on a substantial 31.26-acre site. This property, located at 87 Meadowland Drive, boasts a rich history, having served as a corporate manufacturing, warehouse, and distribution center for prominent companies including Micron Computers and Lane Press. Constructed in phases over the past four decades, with additions in 1987, 1993, and 1998, the facility offers a blend of modern and established infrastructure. Key features include 11,000 square feet of office space spread across two levels, expansive high-bay warehouse space, efficient shipping and receiving areas with 11 loading docks strategically positioned, ample employee and guest parking, and convenient tractor-trailer access. The property is currently under a NNN lease with a single, long-term tenant, providing a stable income stream. The asking price is $9,000,000, translating to $49.80 per square foot. This represents a rare chance to acquire a well-established, fully occupied industrial asset in a prime Chittenden County location. The property's size, location, and existing tenancy make it an attractive investment for discerning buyers seeking a stable, high-return opportunity in the thriving Vermont market.
Property Features for 87 Meadowland Dr
General Information
- Property type
- Manufacturing properties
- Square Feet
- 180,710 SF
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Suggested Use
Realty agency
Law Firm
Building Supply
Wholesale Shop
Auto Repair Shop
Dental Office
Clothing Store
Pharmacy
Gym & Fitness
Auto Parts Store
Zoning and permitted uses should be independently verified with local authorities.
Location Insight
- Map
- Local Demand
- City
- South Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.1515839
- Latitude
- 44.4445544
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 180,710 SF Warehouse/Distribution Center
Where is this manufacturing property located?
The property is located at 87 Meadowland Dr South Burlington, VT.
What is the asking price?
The asking price for this property is $9,000,000.