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1 Gero Court

1 Gero Ct, Essex Junction, VT 05452
Available Now
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FOR SALEIndustrial / Manufacturing
Building Size
23,000SF
Lot Size
3Ac
Year Built
1954
Year Renovated
1987
Zoning
Industrial
Tenancy
Single Tenant
Listing Contacts
Senior Associate, Broker
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More property details

Currently Leased
No
Sale Type
Investment Sale
No of Buildings
1
No of Stories
1

Location

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1 Gero Court
About the location

This single-tenant NNN investment opportunity features a 23,000-square-foot building on 3.5 acres in a highly visible location along Route 15, which sees approximately 13,000 vehicles per day, and is adjacent to a busy shopping center anchored by major national retailers. The property is leased to TOMRA NY Recycling LLC, a subsidiary of TOMRA North America, with a lease in place through the end of 2034, offering stable, long-term income. The site includes six loading docks, a drive-through bay, and a large fenced and paved yard suitable for outdoor storage. Zoned Industrial 1, the property also presents future redevelopment potential for a variety of alternative uses. Offered at a reduced price of $1,950,000, this asset combines strong in-place cash flow with long-term upside.

Documents

FILE
1 Gero Court Flyer.pdf
6.68 MB · Listing document
1 Gero Court
23,000 SF · industrial · United States · VT
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