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

Property Image
SOLD
$9,850,000

Vermont

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Retail208,760 SF
Sold 09/05/2025
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Property Image
SOLD

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

19 Morrisville Plaza & 105 Morrisville Plaza

See Similar Deals
Retail208,760 SF
Sold 09/05/2025
the dealplayerscompscontact
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Summary

VERMONT
Asset Type:Retail
Price Per Square Foot:$47
Total Square Footage:208,760 SF
Transaction Type:Sale

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 (Tom) Boyle
Chozick Realty
Thomas Boyle
4 deals$31.9M volume(860) 649-4800
BROKER
Chozick Realty
Chozick Realty
BROKERAGE

Details

SOLD
IMAGE: Thomas Boyle DATE: 09/05/2025 ADDRESS: 19-105 Morrisville Plaza MARKET: Morristown, VT ASSET TYPE: Retail ~ ACRES: 11 BROKER: Thomas Boyle - Chozick Realty SALE PRICE: $9,850,000 SF: 104,380 ~ PPSF: $94 NOTE: Tom Boyle of Chozick Realty closed the sale of Morrisville Plaza near Stowe for $9.85M, a 104,380 s/f retail center fully leased to Marshall’s, Ocean State Job Lot, and multiple outparcel tenants.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$525,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$34,994.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,694.03
Annual Debt Service$560,328.30