Ignite FB Tracking Pixel423 Williams Street, New London, CT 06320 - Stacy Rakus Anselmo
Coldwell Banker Realty
Stacy Rakus Anselmo, Coldwell Banker RealtyPhone: (860) 836-9292
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
CommercialFor Rent
$15,000
423 Williams Street
New London, CT 06320
Courtesy of Regency Real Estate, LLC
MLS: Smart MLS

Explore a unique leasing opportunity at a newly built Shell branded gas station and convenience store in New London County, CT. This state-of-the-art facility features 4 pumps (8 fueling dispensers, including diesel). The spacious 2,800 sq ft convenience store offers a wide range of retail options. The Key Money amount is $300,000 for the initial lease term. Commission Agent ($0.05 per gallon) prior to new build, site was previously and established gas station/c-store (estimated 60,000 gallons per month.) The lease is a five year term with renewal option, requiring additional key money upon renewal. Monthly rent is $15,000, with the landlord covering property taxes and 70% of credit card fees. Tenants cover utilities, personal property tax, 30% of credit card fees, and a $350 monthly terminal fee. A fuel and building security deposit of $35,000 is required. The landlord is responsible for maintaining the underground storage tanks, pumps and property, while the tenant is responsible for maintaining the interior of the building. Note: no alcohol sales permitted. Two additional newly constructed locations within a 10-mile radius also available for lease, supporting potential multi-store ventures. Close proximity to highways, shopping centers, and restaurants, with a daily traffic count of around 8,200 cars. Photos available early August.

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Information courtesy of Regency Real Estate, LLC is subject to verification and is not guaranteed. Listing Data Last Updated 11/27/2024 01:20 AM
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