143 Main St - Convenience Store FOR SALE
Ludlow, VT 05149 |
$853,400 USD
843-517-8165
143 Main St
Ludlow, VT 05149
HIGHLIGHTS
- Corporate guaranteed Absolute Triple Net (NNN) investment with ~19 years remaining on the lease with 2% annual rent escalations.
- 9.02% average CAP on remaining primary term.
- Well-positioned on Main St, which sees over 7,000 VPD.
- Average household income in Ludlow, Vermon, exceeds $94,000.
- The tenant is currently partnered with 76, Valero, Exxon, Mobil, Travel Centers of America, TA Express, VP Racing, and Marathon.
- Gas stations offer strong bonus depreciation benefits. Consult your CPA.
OVERVIEW
We are pleased to exclusively offer for sale the 2,090 SF Gas Station and C-Store located at 143 Main Street in Ludlow, VT. This offering features a corporate-guaranteed, Absolute Triple Net (NNN) Lease with ~19 years remaining and 2% annual rent escalations, delivering consistent returns backed by corporate credit.
In Cooperation With ParaSell, Inc. , A Licensed Vermont Broker - Lic. #083.0650387-MAIN BoR: Scott Reid - Lic. VT #083.0650387-MAIN
FOR SALE DETAILS
PRICE
$853,400 USD
PRICE/SF
$355 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gas Station & C-Store - Ludlow, VT
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.31 AC
LAND SF
13,504 SF
ZONING
C
APN/PARCEL ID
363-112-10618
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
843-517-8165
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
843-517-8165
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
