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19 Morrisville Plz
Morristown, VT 05661
Retail Property For Sale
Investment Highlights
- Fully Occupied 104,380 SF Shopping Center. Ten Total Tenants - Majority of Tenants are National or Regional Credit Tenants.
- Strategically situated in the "Busines Center" of Lamoille County Vermont - 7 Miles north of Stowe, VT - The "Ski Capital of the East Coast".
- 76,417 SF Main Plaza includes Big Lots, Marshalls, Dollar Tree, Lamoille Health, Green Mountain Holistic Healing and House of Davy Gormet Foods
- Shadow to adjcent Price Chopper Supermarket
- Four long term tenants in free standing buildings include McDonalds, Kinney Drug, TD Bank and M&T Bank, all of which are modifed NNN leases.
- Project NOI for 2028 to exceed $1,000,000. Priced well below replacement cost at less than $115 per SF.
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
3,697 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
10.30 AC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 414-129-11755 | Improvements Assessment | $4,748,100 |
| Land Assessment | $712,600 | Total Assessment | $5,460,700 |
Property Taxes
Parcel Number
414-129-11755
Land Assessment
$712,600
Improvements Assessment
$4,748,100
Total Assessment
$5,460,700
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