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Grocery Anchored Shopping Center

Market Price

56 Commons Drive, Newport, VT 05855

Active
Last Updated: 03/03/2026

77,413 sqft

Building Size

21.91 acres

Lot Area

Details:
Building Size:    77,413 sqft
Lot Area:    21.91 acres
Occupancy:    100%
Year Built:    2005
Highlights:
  • Grocery Anchored Shopping Center: Privately-owned and operated 77,413 square foot Price Chopper anchored shopping center currently 100% leased to mix of 7 service oriented retailers.
  • Legacy Price Chopper Location With Significant Term: Price Chopper, who opened their store in 2006, has term through June of 2031, solidifying themselves as the asset's anchor tenant.
  • Ideally Situated Along The Submarket's Major Retail Corridor: Strategically situated at a signalized intersection along Route 5 just off of I-91, the asset benefits from regional traffic as well as people visition the surrounding amenities.
  • Long Term Tenancy: The asset benefits from an average tenant tenure of 28 years prior to the execution of three new leases. With these recent lease signings, ownership now enjoys a fully stabilized asset with strong in-place tenancy and reliable cash flow.
Description:

Ri Marketplace Online Auction March 23-25, 2026
Register to bid on Marketplace

https://rimarketplace.com/auction/3036/retail/derby/vt?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_3036

Atlantic Capital Partners has been exclusively engaged to market for sale Price Chopper Plaza, the preeminent grocery-anchored shopping center in Derby, VT anchored by Price Chopper. The 21.91-acre asset is ideally situated along Rt5, just off I-91, the main interstate that services Vermont. Price Chopper Plaza sits less than one-half mile from a Walmart Supercenter and two miles from downtown Newport which both enhance daily traffic and exposure for the center. In addition, the asset sits approximately 15 miles from Jay Peak Mountain Resort and is the last stop for customers traveling to Jay Peak from New England states.

Totaling 77,413 square feet, Price Chopper Plaza is presently 100% leased to 7 retail tenants with 5.2 years of weighted average remaining lease term. The offering of Price Chopper Plaza allows investors to pursue one of the most sought-after asset classes – grocery-anchored shopping centers. The stability of the Price Chopper, making up for 73% of the gross leasable area and 70% of
the revenue of the center, provides investors with surety of cash flow through their lease expiration date in June-2031 and four five-year extension options thereafter.

Price Chopper Plaza is being offered for sale, free-and-clear of existing debt.



Lamar P. Fisher
Fisher Auction Company Inc.
License: Internet Auctions are exempt from licensing
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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