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Turtle Fur Facility 146 Industrial Park Dr 45,360 SF Industrial Building Morristown, VT 05661 $5,850,000 ($128.97/SF) 6.75% Cap Rate
EXECUTIVE SUMMARY
Located in the heart of Morrisville, VT, this building presents an interesting opportunity for an investor or owner occupier to take advantage of a strong employee network in the middle of an absolutely stunning landscape. The 45,360 +/- total square footage includes 13,200 +/- SF of mezzanine level office with elevator access. There are 5 docks accessing opposite ends of the building, along with 1 at-grade door. LEASEBACK available through March of 2027. Please contact us today to tour this property.
PROPERTY FACTS
| Price | $5,850,000 | Lot Size | 4.33 AC |
| Price Per SF | $128.97 | Rentable Building Area | 45,360 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.75% | Year Built | 1970 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 18’5” |
| Price | $5,850,000 |
| Price Per SF | $128.97 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 4.33 AC |
| Rentable Building Area | 45,360 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Clear Ceiling Height | 18’5” |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Turtle Fur
- Manufacturing
- 45,360 SF
- $8.75
- Triple Net
- Mar 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Turtle Fur | Manufacturing | 45,360 SF | $8.75 | Triple Net | Mar 2027 |
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PROPERTY TAXES
| Parcel Number | 414-129-11618 | Improvements Assessment | $1,395,500 |
| Land Assessment | $158,400 | Total Assessment | $1,553,900 |
PROPERTY TAXES
Parcel Number
414-129-11618
Land Assessment
$158,400
Improvements Assessment
$1,395,500
Total Assessment
$1,553,900
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Turtle Fur Facility | 146 Industrial Park Dr
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