Property profile

14 Terrys Loop MANCHESTER CENTER, VT 05255

OFF-MARKET
Warehouses
38,346 SF 3.84 ac lot Built 1990
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Year built 1990
Total area 38,346 SF
Lot 3.84 ac (167,270 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 CENTER, VT 05255
MANCHESTER CENTER 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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