Property
6 Van Gilder Avenue • Mid Island
$11,475,700
1 bd · 1 ba
Investor Opportunity! 5% Cap Rate plus A+ rated tenant. Offered for sale is this newly constructed, 5,942 square foot distribution center, completed in January of this year and sited on a double lot, along one of the island's primary commercial corridors. The property is leased to Frito Lay/Pepsi for 10 years with annual rent increases and two renewal options, also with annual rent increases.
Stephen's Take
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Ask for Stephen's read on this propertyMLS Data
- Status
- Active
- List price
- $11,475,700
- Beds / baths
- 1 bd · 1 ba
- Living area
- 5,942 sq ft
- Days on market
- 115
- Listing office
- William Raveis Nantucket
Investor Opportunity! 5% Cap Rate plus A+ rated tenant. Offered for sale is this newly constructed, 5,942 square foot distribution center, completed in January of this year and sited on a double lot, along one of the island's primary commercial corridors. The property is leased to Frito Lay/Pepsi for 10 years with annual rent increases and two renewal options, also with annual rent increases.
Assessor Record
- Location
- 6 VAN GILDER AV
- Primary use
- RES ACLNDV M00
- Zoning
- CTEC
- Assessed total
- $777,200
- Acreage
- 0.45 ac
Registry Record
Latest deed reference: C29415/0
Recorded transfer
2024-01-08 · Book / Page C29415/0
$85,000
1993-09-30 · Book / Page C15944/0
$700,000
1993-07-16 · Book / Page C15852/0
$3,300,000
2025-03-26 · Book / Page 2008/018
Zoning Context
- District code
- CTEC
- District name
- Commercial Technical
Sample allowable uses
- Primary Dwelling
- Secondary dwelling — conditional / restricted
- Accessory dwelling
- Tertiary Dwelling — conditional / restricted
- Apartment
- Apartment building — conditional / restricted
Data Sources & Freshness
- Listing data
- MLS / LINKon market since 2026-05-21
- Assessment data
- Nantucket Assessorannual cycle
- Deed history
- Nantucket Registry of Deedsas recorded
- Zoning context
- Town of Nantucket zoning dataofficial reference
- Market analysis
- Nantucket Houses / Stephen Maury interpretationongoing