Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 13,320-square-foot CVS Pharmacy in Colchester, Vermont. The property boasts a 100% occupancy rate under a 25.3-year absolute NNN lease with a credit-rated tenant and corporate guarantee, offering significant security and minimal landlord responsibilities. With 16.2 years remaining on the lease, the property provides a stable, passive income stream. The lease includes ten five-year options, with current rent in the… first two options and fair market value rent in subsequent options. The property sits on a large 3.59-acre lot at a signalized intersection with over 23,000 vehicles passing daily, benefiting from its strategic location off Interstate 89 (approximately 47,000 VPD) and proximity to downtown Burlington (10 minutes away). Annual visits to the CVS exceed 191,000, showcasing a remarkable 40.1% year-over-year increase. The property's exceptional location is further enhanced by its adjacency to Vermont's only Costco, generating over 2.5 million annual visits. The surrounding area features a high concentration of residents (over 58,000 within a 3-mile radius) with an average household income of $86,000, contributing to strong consumer spending. The property is also conveniently located near several schools, universities, Burlington International Airport, and major employers, including the University of Vermont Medical Center and GlobalFoundries, ensuring consistent high traffic volume. Built in 2015, this single-story building offers a compelling 5.75% cap rate and a net operating income (NOI) of $295,988, making it an attractive investment opportunity with significant long-term potential. The asking price is $5,147,617, translating to a price per square foot of $386.46. This property offers a rare combination of strong tenant, prime location, and substantial remaining lease term, presenting a compelling investment opportunity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 13,416 SF
- Lot area
- 3.88 ac
- Year built
- 2015
- Stories
- 1
- APN
- (048) 03-0100030000000
- Zoning
- COM
- Annual tax · 2022
- $72,378
- Medical Building
- Auto Repair, Garage
- Restaurant · current use
- Apartment House (5+ Units)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
COM Commercial District IND Industrial District BD Business District (4) Other Districts AGR Agricultural District MHP Mobile Home Park District FP Flood Plain District AMU Agricultural Mixed-Use District (5) Overlay Dis…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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