Property summary
This exceptional 38,346 square foot industrial park in Manchester Center, Vermont, presents a compelling investment opportunity. Comprising seven buildings on a 3.84-acre lot (APN: SPAN# - 375-116-11141), this Class A property boasts 100% occupancy across 25 units, generating a substantial NOI of $220,000 and a 6.11% cap rate. The property, built in the 1990s and renovated in the 2020s, features a mix of flex, manufacturing, and warehouse spaces, all under NNN (Triple Net) leases, minimizing landlord responsibilities. The diverse tenant roster of established businesses ensures a stable income stream. Located in a Mixed Use 2 (MU2) zone, this strategically positioned park offers significant growth potential. The asking price is $3,600,000, representing a turnkey investment with immediate cash flow and minimal management requirements. This multi-tenant, two-story property offers a low-risk, high-reward opportunity for discerning investors seeking a passive income stream. The property is owned by an LLC and is currently for sale by owner.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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