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Property profile

145 Citizens Rd Derby, VT 05829

OFF-MARKET
Warehouses
7,000 SF Built 1989
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Property summary

AI-generated overview

This Derby, Vermont commercial property at 145 Citizens Road offers 7,000 square feet of versatile space, ideal for a variety of businesses. The single-tenant building features approximately 2,678 square feet of vacant space, comprising roughly 1,620 square feet of renovated office space with 8'6" ceilings and 1,058 square feet of heated warehouse/garage space boasting 12' ceilings and three 9' x 8' overhead doors. Office renovations include new paint and flooring, a waiting area, private office, IT room, bathroom, large open workspace, and two interior offices. The 1.23-acre lot provides ample parking and convenient I-91 access. Additional features include a drive-thru canopy, prominent signage, and a paved driveway. The property is zoned Commercial/Industrial, is fully handicapped accessible, and benefits from a great location between Newport and Derby. The lease is $3,300 per month NNN. The landlord is seeking a qualified tenant with strong references and a long-term lease commitment. Partial leasing of office or warehouse space may be considered. Built in 1989, this one-story building offers 3-phase power.

Property profile

Verified
Property type Warehouses
Year built 1989
Total area 7,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

145 Citizens Rd Derby, VT 05829
Derby metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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