NNN Investment Opportunity – Jericho, VT
Quick Summary
- Price
- $3,300,000
- Type:
- Investment
- Status:
- For Sale
- Size:
- 17,755 sq ft
Property Description
Don’t miss an amazing opportunity to own this beautiful free standing grocery store in Jericho, Vermont. This single tenant investment opportunity was built in 2016 and is operated by Associate Grocers of New England. The local food market boasts both a strong operating group and exceptional store sales (over $500 psf, 2018). Current tenant (agne.com) has 12 years remaining on the initial lease term (end 9/16/2031) and options for an additional 10 or 15 years.
Contact Agent for full OM
Additional Information
- 17,755 SF
- Built 2016
- 12 years remaining on initial term
- Current NOI $195,305
- 2.55 ACs
- Landlord responsible for roof and structure