535 Main st - Convenience Store FOR SALE
Fairlee, VT 05045 |
$1,360,000 USD
843-517-8165
535 Main st
Fairlee, VT 05045
HIGHLIGHTS
- Corporate Guaranteed Absolute Triple Net (NNN) Investment With 19 Years Remaining on the Lease With 2% Annual Rent Escalations
- Well-Positioned Off of Interstate 91, Which Sees Over 10,000 Vehicles Per Day and Runs From New Haven, CT to the Canadian Border
- Average Household Income in Fairlee, VT Exceeds $105,000
- 10.61% - Average CAP Rate of the Remaining Primary Term
- Limited Gas Station Competition in Fairlee
- Located Near Lake Morey - A Popular Tourist Destination and Golf Course
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,400 SF Gas Station & C-Store Located at 535 Main Street in Fairlee, 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
$1,360,000 USD
PRICE/SF
$252 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gas Station & C-Store - Fairlee, 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
0.65 AC
LAND SF
28,314 SF
ZONING
C
APN/PARCEL ID
-
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843-517-8165
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843-517-8165
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