4879 Vt Route 15 | Jeffersonville, VT 05464
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4879 Vt Route 15
Jeffersonville, VT 05464
Retail Property For Sale
Investment Highlights
- 9+ years of primary term remain on NN lease (10-year extension Jan 1, 2025) with four, five-year options thereafter
- Tenant is responsible for all real estate taxes, insurance, utilities and maintenance including HVAC (LL responsible for roof - 20-year warranty)
- Affluent trade area with average household income exceeding $102,000 within a three-mile radius
- 3% rental increases annually through the primary term and option periods
- Aubuchon Hardware is the oldest family-owned and operated hardware chain in the United States (founded in 1908) - 119 locations
- The offering is ideal for a buyer in a 1031 exchange seeking a management free asset that offers true passive income
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
9,150 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.34 AC
Parking
18 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
329’ on Vermont 15
Property Taxes
| Parcel Number | 123-038-11119 | Improvements Assessment | $294,700 |
| Land Assessment | $165,700 | Total Assessment | $460,400 |
Property Taxes
Parcel Number
123-038-11119
Land Assessment
$165,700
Improvements Assessment
$294,700
Total Assessment
$460,400
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