60 Commons Drive, #Suite #50, Derby, VT, 05822 | $1,600

Commercial space for lease- Suite #50 features 1, 600 +/- sq. ft. Most recently occupied as a pizza restaurant (take-out only) and could accommodate numerous other types of uses. Great opportunity to locate your business in a high-visibility location in a busy shopping plaza setting with a strong service-oriented retail presence. Consisting of a front retail/service counter area, large open front kitchen area with an 8’ hood system, back area kitchen with a 13' hood system, dish washing area and walk-in refrigerator/freezer (16’x9’x8’6 - Kolpak 115 volts). Offering tiled flooring, 10’11” ceiling height, heat & electrical installed, handicap bathroom and fully sprinklered. Tremendous exposure, lots of parking and excellent signage. Situated in a prime location in the center of Derby, just off from VT Route 105 (“The Derby Road”) and Interstate 91. Current abutting tenants include Verizon Wireless, Price Chopper Supermarket, Rent-A-Center, China Moon Buffet, etc. This is a NNN type of lease available at $12 per sq. ft. ($1, 600/ mo. ) with an additional CAM fee of approx. $4 per sq. ft. ($533+/- per mo. ). Landlord is looking for a well qualified tenant with strong references and a long term lease. This has cooperative landlords who are willing to offer special lease packages and huge incentives!

Features

  • Property Type: Business,Office,Opportunity,Other,Retail
  • Construction: Block Exterior,Brick Exterior
  • Heating: Hot Air
  • Units: 7
  • Zoning: Comm
  • Year Built: 2005
  • Approx Sq. Feet: 1,600
  • MLS#: 5022066
  • Website: https://www.raveis.com
    /prop/5022066/60commonsdrive_derby_vt?source=qrflyer
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Listing courtesy of Jim Campbell Real Estate   Phone: 802-334-3400
Listing Agent: Ryan Pronto

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NMLS Mortgage Loan Originator ID 793093

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60 Commons Drive, #Suite #50, Derby, VT, 05822

$1,600

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $1,280 $1,280 $1,280
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $9 $9 $11
Total Monthly Payment $84 $84 $86

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.