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19 Morrisville Plaza

Thomas Boyle Of Chozick Realty Closes Sale Of Retail Center In Morristown For $9.85M
SOLDRetail

Thomas Boyle Of Chozick Realty Closes Sale Of Retail Center In Morristown For $9.85M

19 Morrisville Plaza & 105 Morrisville Plaza

$9,850,000

$47/SF

Building Size

208,760 SF

Asset Type

Retail

Closing

Sep 5, 2025

AI

The property involved in the transaction is a retail asset located at 19-105 Morrisville Plaza in Morristown, VT. The retail center encompasses 104,380 square feet and is situated on an 11-acre lot. The sale price for the property was $9,850,000, translating to a price per square foot of $94.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,850,000
  • Sale Date: 09/05/2025
  • Broker: Thomas Boyle - Chozick Realty
  • Market: Morristown, VT
  • Square Footage: 104,380
  • Price Per Square Foot: $94
  • Acres: 11

Tom Boyle of Chozick Realty represented the sale of Morrisville Plaza, which is fully leased to Marshall’s, Ocean State Job Lot, and several outparcel tenants, indicating a fully leased operational retail center at the time of the transaction.

Players

Thomas Boyle

Chozick Realty

Broker

$31.9M

vol

4 deals

Broker
Chozick Realty
Chozick RealtyBrokerage

Morrisville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.61%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93