60 Commons Dr Newport, VT 05855
- Retail properties
- 1,600 SF
Current Use by Public Records
- Retail properties
Property Details for 60 Commons Dr
- Year built
- 2005
- Property size
- 1,600 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This 1,600 square foot executive office suite, located at 60 Commons Drive in Newport, Vermont, is available for lease. Built in 2005, this single-story building offers a high-visibility location in a busy shopping plaza with strong retail presence. Previously occupied as a takeout pizza restaurant, the space features a front retail/service counter, a large open front kitchen area with an 8' hood system, a back kitchen area with a 13' hood system, a dishwashing area, and a walk-in refrigerator/freezer (16'x9'x8'6"). The space includes tiled flooring, 10'11" ceilings, heat and electrical, a handicap-accessible bathroom, and a fully sprinklered system. Excellent signage opportunities are available, along with ample parking. The property enjoys tremendous exposure, situated near VT Route 105 and Interstate 91, with neighboring tenants including Verizon Wireless, Price Chopper Supermarket, Rent-A-Center, and China Moon Buffet. The zoning is commercial (Comm). The lease is a NNN type, with a base rent of $12 per square foot ($1,600/month) and an estimated CAM fee of $4 per square foot ($533+/month). Landlords are seeking a well-qualified tenant with strong references and a desire for a long-term lease and are open to offering lease incentives. The Orleans County location provides easy access to major transportation routes.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Orleans
- State
- Vermont
- Longitude
- -72.1605
- Latitude
- 44.9537
