Vibrant 104,380 sq. ft. Shopping Center adjacent to modern Price Chopper grocery store. Sitated in the commercial hub of Lamoille County Vermont, approximately 7 miles north of Stowe. 100% current occupancy with substantial long term National & Regional Credit Tenant Base. Four Free Standing Buildings include McDonalds, Kinney Drub, TD Bank and M&T Bank. Main Plaza contains +/- 76,417 SF with 6 Tenants including Marshalls Department Store, Big Lots, Dollar Tree, Green Mountain Holistic Healing, Lamoille Family Health (Dentistry) and House of Davy Gourment Foods. Current NOI of $907,023 is projected to be over $1M by 2028 (Based on scheduled increases and option renewals).
Big Lots has historical strong sales at Morrisville Plaza and has recently ratified & extended its current lease through 2030 and added a third 5-year renewal option which would extend its lease thru 2045. Priced well below replacement cost at less than $115 per SF.