Property Overview
NNN Pro Group is pleased to present the exclusive listing for a Frito-Lay last mile distribution center located at Parker Road in Barre, VT. The site consists of roughly 7,653 rentable square feet of building space on an estimated 2.99-acre parcel of land. Frito-Lay is subject to a 10-year double-net (NN) lease, which commenced June 15th, 2024. The current annual rent is $254,983 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 2, 5-year renewal options.
Property Details
- Class
- C
- Year Built
- 2004
- Stories
- 1
- Lot Size (sq. ft)
- 130,244 SF
Highlights
- Long-Term, 10-Year Double Net (NN) Lease
- Construction Completed in June 2024
- Approximately 9.9 Years Remaining
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