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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

56 Commons Dr Newport, VT 05855

Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 56 Commons Dr, Newport, Vermont, 05855, within the vibrant Price Chopper Plaza. The space, totaling 1,400 square feet, is perfect for a variety of businesses, including retail, office, or restaurant uses. The property is currently under new management and offers significant incentives to prospective tenants. These include free rent concessions, a substantial tenant improvement allowance, and flexible lease terms designed to accommodate individual business needs. The plaza benefits from a strong anchor tenant, Price Chopper, ensuring high foot traffic and visibility. The location is easily accessible, providing convenient access for customers and employees alike. This is a unique chance to establish or expand your business in a thriving commercial center with attractive financial incentives. The property is categorized as a grocery-anchored center with special services, offering a diverse customer base. The space is currently available for lease. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Central Market Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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