1108 VT Route 149 | West Pawlet, VT 05775
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1108 VT Route 149
West Pawlet, VT 05775
Citizens Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities | Low Price Point Deal: Sub $500K
- Strong Corporate Guaranty | S&P: BBB+ | Over $179B in Assets as of June 2020
- Ideal Hard Corner Location | Features Frontage and Access on Both VT-149 and Bullfrog Hollow Road
- Recently Extended Lease Term | Tenant Has Extended Their Lease Until July 2026 | Exhibits Commitment to Site
- Lease Features 2% Annual Rent Increases | Hedge Against Inflation
- Below Market Rent | Tenant is Paying $19 Per Square Foot
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
1,472 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.37 AC
Zoning
VC - Village Commercial
Parking
13 Spaces (8.83 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 465-147-10126 | Improvements Assessment | $231,810 |
| Land Assessment | $4,400 | Total Assessment | $236,210 |
PROPERTY TAXES
Parcel Number
465-147-10126
Land Assessment
$4,400
Improvements Assessment
$231,810
Total Assessment
$236,210
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