Property profile

14 Terrys Loop Manchester, VT 05255

OFF-MARKET
Warehouses
38,346 SF 3.81 ac lot Built 1990
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 38,346 square foot, multi-tenant industrial park in Manchester, Vermont. The property, located at 14 Terrys Loop, boasts a 7.64% cap rate and a strong net operating income (NOI) of $275,000. Currently 100% occupied with 25 tenants under NNN leases averaging two years remaining, the property offers immediate cash flow. Comprising seven buildings on a 3.81-acre lot, the park features a mix of apartment, flex, and warehouse spaces, ideal for diverse business needs. Built in 1990 and renovated in 2024, the property includes 2 loading docks, 2 dock-high doors, and 14-foot ceilings. The property is zoned MU2 and offers excellent access to major transportation routes. The asking price is $3,600,000, translating to $93.88 per square foot. This is a rare opportunity to acquire a well-maintained, high-performing industrial park in a desirable Vermont location. The lease commencement date is November 5, 2024, and the lease expiration date is November 5, 2026. The property is owned by an LLC.

Property profile

Verified
Property type Warehouses
Year built 1990
Total area 38,346 SF
Lot 3.81 ac (165,964 SF)

Cap rate & NOI

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

Location

14 Terrys Loop Manchester, VT 05255
Manchester metro
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Value estimations

Realmo proprietary · 4 methods
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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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