Morrisville Retail for Sale

- The property is supported by a brand-new 20-year lease, featuring three (3) five-year renewal options - The lease includes scheduled 10% rent escalations every 5 years, driving steady NOI growth and serving as a built-in hedge against inflation

Property Subtype:

Freestanding

Date on Market:

2025-11-18

Saint Albans Retail for Sale

- The property is supported by a brand-new 20-year lease, featuring three (3) five-year renewal options - The lease includes scheduled 10% rent escalations every 5 years, driving steady NOI growth and serving as a built-in hedge against inflation

Property Subtype:

Restaurant

Date on Market:

2025-07-29

Saint Johnsbury Retail for Sale

Date on Market:

2026-03-19

Northfield Retail for Sale

Northfield Shopping Plaza is a monopoly grocery-anchored shopping center located in a highly captive and structurally undersupplied Vermont market. The property is anchored by Tops Markets, the only full-service grocer in the extended trade area, positioning the center as the primary daily-needs destination for the surrounding community and creating entrenched weekly visitation. Tops operates with exceptionally strong store-level performance, reflected in an estimated ~2.5% rent-to-sales ratio, demonstrating ultra-low occupancy cost, strong unit-level profitability, and long-term operating sustainability. The lease runs through 2034 with multiple renewal options extending control through 2058, reinforcing the irreplaceable nature of the location and supporting long-term tenant retention. The grocery anchor is complemented by Dollar Tree, a Fortune 200 essential-goods retailer operating at below-market rent. In rural and tertiary markets, Dollar Tree locations consistently exhibit stable occupancy, reliable traffic, and strong renewal behavior, further enhancing the defensive nature of the tenant mix. With zero competing full-service grocers, high barriers to new supply, and in-place rents materially below replacement cost, Northfield Shopping Plaza offers durable, recession-resistant cash flow and real yield. The asset is well-suited for investors seeking essential retail exposure in a controlled trade area where monopoly positioning and necessity demand drive long-term performance.

Property Subtype:

Freestanding

Date on Market:

2026-02-10