Exceptional Investment Property for Sale
1 Teddy Bear Lane, Townshend
Description
PRICE: $3,990,000
Net Operating Income: $360,000/YR
Operating Company Mary Meyer established in 1933
Strong Tenant with a five-year lease in place Aurora World Inc. (KOSDAQ:039830) – South Korean based global company
- Lease Term: Through June 3, 2029
- About the Tenant:
Aurora World is a leading manufacturer and supplier of high quality, competitively priced plush toys and gifts, with an established international presence.
Total Building Size: 54,759 sq ft above grade
- Retail Store: 1,680 sq ft
- Office Building: 6,879 sq ft(+ 4,128 sq ftfinished lower level)
- Warehouse: 30,800 sq ft
- Warehouse Addition: 15,400 sq ft
Parking: Paved and gravel lots for 100 vehicles
Visibility: Excellent frontage on VT Route 30
Utilities: Private well and septic system
Power: 3-phase power
Freight Lift: Existing hoist elevator in warehouse
Property Information
Size: 54,759
Price: $3,990,000
City/Town: Townshend
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