Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Kinney Drugs located in Shelburne, VT (“the Property”). The Property consists of a 11,583-square-foot freestanding retail building, on a 1.97-acre parcel of land. Kinney Drugs is operating under a net lease with limited landlord responsibilities and 8 years of lease term remaining, offering a truly passive investment asset with long-term cash flow. Additionally, the lease features a rent increase of 10% on August 26, 2027, providing investors with a built-in hedge against inflation. See Lease Abstract for full details. The Property is located in Shelburne, VT, a town in Chittenden County located along the shores of Lake Champlain. Shelburne’s town center lies approximately 7 miles south of the city center of Burlington, Vermont’s largest city and the home of the University of Vermont. At the time of the 2020 United States Census, Shelburne had a recorded population of 7,717, which represented an increase of 8% from the previous census in 2010. The surrounding areas of the site report an extremely affluent demographic environment. Within a 1-mile radius of the site, there is an average household income of over $189,000.