MLS Number 4904815
- Year Built 1978
- NOI 221239
Tenneybrook Square is an exceptional Retail/Office Plaza on busy route 7 highway and just north of Route 4 intersection with route 7, this strip has 4 buildings with over 24,000 sq. ft. gross leasable area and plenty of parking on just under4 acres. The front building #1 with slate facade is 9,408 sf on one floor leased by Goodwill, northwest corner building #2 with 3,149 sf (1,968 sf 1st floor + 1,181 loft area); leased by Vermont Gaming Academy, middle-north building #3 has 5,376 sf (2,688 1st floor(was leased by Heritage Family Credit Union for years}+ 2,688 2nd floor which is two parts, West side is leases by Criterium-Lalancette engineers & East side is Vacant ), the rear building #4 has 6,784 sf (3,584 on 1st floor + 3,200 sf on 2nd floor) both are leased by Community Care for years, and a small building ine middle of the lot is an ATM building rentedby Heritage Family Credit Union Cap Rate: 10.5% using ProForma Income@ $8.75/sf, NNN, there is also a lot in the back which could be leased to Green Mountain power for solar panels energy or utilized for anything else.
Listed by Mike Kalil of Watson Realty & Associates