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154 Rockingham St
Bellows Falls, VT 05101

$853,400 USD

Convenience Store For Sale  •  3,477 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,715 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C
0 Transit Score
66 Walk Score

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.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Phillips 66 Gas Station 2,715 SF 5/31/2044

Public Transportation

Commuter RailDriveWalkDistance
Bellows Falls Amtrak Station (Vermonter - Amtrak) 1 min 9 min 0.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
John Brown 843-620-7762 Sands Investment Group
John Brown 843-620-7762 Sands Investment Group