106 Northside Dr | Bennington, VT 05201
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- LoopNet Team
106 Northside Dr
Bennington, VT 05201
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease Stability: 15-year lease with 10% rent increases every 5 years, no early termination rights ensuring reliable income
- Low-Maintenance Ownership: NN lease limits responsibilities to roof & structure; 2024 construction ensures minimal structural expenses
- Excellent Accessibility: Near U.S. Route 7 & NY Route 279, providing direct access to Albany, NY (49 minutes away)
- Investment-Grade Tenant: Chipotle (NYSE: CMG) with $65.1B market cap, over 3,500 locations nationwide, proving strong financials and presence
- Prime Retail Corridor: Located on Northside Drive (VT 7A) with 16,000 VPD, surrounded by top national retailers and new openings
- Economic Growth: Low 3.0% unemployment rate, rising median income, and major new developments boosting local economy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,325 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.99 AC
Zoning
NEC - Commercial
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $215,400 | |
| Land Assessment | $690,200 | Total Assessment | $905,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$690,200
Improvements Assessment
$215,400
Total Assessment
$905,600
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