154 Rockingham St - Convenience Store FOR SALE
Bellows Falls, VT 05101 |
$853,400 USD
843-620-7762
154 Rockingham St
Bellows Falls, VT 05101
HIGHLIGHTS
- Corporate guaranteed Absolute Triple Net (NNN) investment with ~18 years remaining on the lease with 2% annual rent escalations.
- Well-positioned at the intersection of HWY 5 and Rockingham Street with multiple points of access.
- Average household income exceeding $85,000.
- Long-standing business in the community.
- 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 2,715 SF Phillips 66 gas station & C-store located at 154 Rockingham Street in Bellows Falls, VT. This deal includes a corporate guaranteed Absolute Triple Net (NNN) investment with ~18 years remaining on the lease with 2% annual rent escalations, offering long-term income stability.
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
$245 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Phillips 66 Gas Station and C-Store
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,651 SF
ZONING
C
APN/PARCEL ID
528-166-12484
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843-620-7762
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843-620-7762
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