143 Main St - Convenience Store FOR SALE


Ludlow, VT 05149
$853,400 USD
843-517-8165
143 Main St, Ludlow, VT for Sale
$853,400 USD
Convenience Store - FOR SALE
1/5
null | 7.5% Cap Rate

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 Street Which Sees Over 7,000 Vehicles Per Day
  • Average Household Income in Ludlow, Vermont 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

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,090 SF Gas Station & C-Store Located at 143 Main Street in Ludlow, VT. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With 19 Years Remaining on the Lease With 2% Annual Rent Escalations, Providing For a Secured Investment. 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, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

-

APN/PARCEL ID

363-112-10618

ASK ABOUT THIS PROPERTY

Jake MahonSands Investment GroupMore Info
843-517-8165

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Jake MahonSands Investment GroupMore Info
843-517-8165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.