Single Tenant NNN Little Caesars
Rutland, Vermont
Building
Stats
- Property Type Retail - Street Retail
- Year built 1989
- Building size (SF) 2,400
- Size (Ac) 0.96
- Price $1,630,000
Overview
Avison Young is pleased to present this unique opportunity to acquire a single-tenant Little Caesars on an absolute NNN lease located at 113 US Highway 4 in Rutland, Vermont. The ±2,400 rentable square foot building is located off a primary thoroughfare, Highway 4. The subject property is adjacent to other national tenant fast food retailers and coupled with ample surface parking spaces. It is a rare opportunity to acquire a passive commercial investment that benefits from the high transit traffic and highly recognized national tenants in a stable QSR commercial investment market in Vermont.
Highlights
NNN lease with over Twenty (20) years remaining on Base Term
with Little Caesars Restaurant
100% occupied by Little Caesars Restaurant, a National Tenant
Single tenant QSR building with drive-thru
Ample surface parking spaces
Located adjacent to other National Credit Tenant retailers such
as McDonald’s, Applebee’s Grill, Subway & Dunkin Donuts
Highly visible from Highway 4 with large monument sign
Located accross the street from Rutland High School with 820
students
Outparcel to Home Depot, Big Lots, and Ashley Furniture
anchored center
Little Caesar’s has been operational at this location since 2007
Seller is in the process of doing a physical re-fresh of the store.
New Exterior Paint, signage and new parking lot surfacing and
re-striping
