Property profile

100 Westway Mall Dr West Rutland, VT 05777

FOR LEASE
Super regional malls
Property ID
US89-0315947
46,200 SF 26.41 ac lot Built 1977
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

West Way Mall in West Rutland, Vermont offers a fantastic retail opportunity. This 48,083 square foot strip center boasts a prime location at Exit 6 off Route 4, ensuring high visibility and convenient access for customers. Currently, one space of 2,510 square feet is available for lease, representing a minimum divisible unit. The maximum contiguous space available is also 2,510 square feet. The property sits on a substantial 26.41-acre lot and includes ample parking with 254 spaces to accommodate shoppers. Built in 1977, the center is well-established and benefits from strong anchor tenants including Market32, Family Dollar, and the United States Postal Service, along with local favorite Sweet Caroline's. This established center enjoys a strong local presence, serving a population of 22,763 people within a five-mile radius. The property presents a unique opportunity for businesses seeking high visibility and a convenient location within a thriving retail environment. This space is ideal for a variety of retail uses and offers a chance to become part of a successful and well-established shopping center. Contact us today to learn more about this exceptional retail opportunity in West Rutland, Vermont. The property address is 100 Westway Mall Dr, West Rutland, VT 05777.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 46,200 SF
Lot 26.41 ac (1,150,420 SF)
Zoning code VC2
APN (234) 265030100
UPID US89-0315947

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket
  • Department Store
  • Discount Store
  • Bank Credit Union

Location

100 Westway Mall Dr West Rutland, VT 05777
West Rutland metro Census 962600 RUTLAND, VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.97M

Owner & transaction history

since 2016
2 recorded transactions
2016
$3.5M
2012
$190,000

Zoning & alternative use

VC2 · West Rutland, VT

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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