108 Northside Dr Bennington, VT 05201-1860
Property profile & analytics
108 Northside Dr Bennington, VT 05201-1860
- Commercial real estate
- 10,632 SF
- 2.04 lot acres
Property ID
US89-0304550
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 108 Northside Dr
- Year built
- 1947
- Lot size
- 2.04 lot acres
- Property size
- 10,632 SF
- Property type
- Commercial real estate
- APN
- (015)36-51-57-00
- APU
- 1536515700
Description
This exceptional investment opportunity presents a newly constructed, 2,400 square foot Starbucks located at 108 Northside Drive, Bennington, Vermont, 05201. The property sits on a 1.3-acre lot with 31 parking spaces and boasts a prime location within a thriving retail corridor featuring national retailers such as Walmart, Home Depot, and Hannaford. The Class A building, constructed in 2024, is currently 100% occupied under a 10-year net lease with a credit-rated corporate guarantor, commencing November 30, 2024, and expiring November 29, 2034. The lease includes four 5-year renewal options with a 10% rent increase every five years, ensuring consistent income growth. The current annual rent is $176,000, resulting in a 6.0% cap rate on the $2,934,000 asking price. The property benefits from excellent visibility and strong local demographics in Bennington, one of southern Vermont's largest towns, drawing shoppers from surrounding areas and tourists. This stabilized investment offers minimal landlord responsibilities (roof and structure only), providing a secure and passive income stream for the long term. The property's strategic location along Northside Drive (VT 7A) ensures high visibility and significant daily traffic. This is a rare opportunity to acquire a brand-new, high-performing Starbucks in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bennington
- County
- Bennington
- State
- Vermont
- Longitude
- -73.2039
- Latitude
- 42.8948
- CBSA code
- 13540
- CBSA name
- BENNINGTON, VT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,000
$485,000
$125,500
$610,500
-
$0.00
$0.00
$0.00
