108 Northside Dr | Bennington, VT 05201
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- LoopNet Team
108 Northside Dr
Bennington, VT 05201
Starbucks · Retail Property For Sale
Investment Highlights
- Long-Term Lease Stability: 10-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 minimizes structural expenses.
- Excellent Accessibility: Adjacent to McDonald’s, near U.S. Route 7 & NY Route 279, 49 minutes from Albany, NY.
- Investment-Grade Tenant: Starbucks (NASDAQ: SBUX) with $111.7B market cap, 15,000+ locations, BBB+ credit rating showing financial strength.
- Prime Retail Corridor: Located on Northside Drive (VT 7A), surrounded by top national retailers and new openings driving consumer traffic.
- Economic Growth: 3.0% unemployment rate, rising median income, and major new developments boosting local economy.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,445 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.10 AC
Zoning
PC - Planned Commercial
Parking
95 Spaces (39.58 Spaces per 1,000 SF Leased)
Frontage
286’ on Northside Drive
Property Taxes
| Parcel Number | (015)36-51-57-00 | Improvements Assessment | $116,300 |
| Land Assessment | $362,500 | Total Assessment | $478,800 |
Property Taxes
Parcel Number
(015)36-51-57-00
Land Assessment
$362,500
Improvements Assessment
$116,300
Total Assessment
$478,800
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