118 Boston Post Road, Waterford, CT, 06385
2024
1,600 sqft
Newly Built Citgo Gas Station & Convenience Store for Lease - Commission Agent Opportunity in New London County, CT This is a commission agent lease offering for a newly built, Citgo-branded gas station and 1,600 sq ft convenience store in New London County, CT. The facility features 3 fueling islands (6 dispensers, including diesel) and is designed for modern operations. Key Details: *Key Money: $200,000 *Commission: $0.05 per gallon. *Rent: $10,000/month (landlord covers property taxes & 70% of credit card fees). *Tenant Costs: Utilities, 30% of credit card fees, $350 terminal fee, and personal property tax. *Security Deposit: $35,000 (fuel & building). *Lease Term: 5 years with renewal options Previously an established gas station with estimated fuel sales of 30,000 gallons/month, this site will be ready by March 2025, complete with fixtures, counters, a walk-in cooler, and coffee equipment. Additional Opportunities: Two newly constructed locations within 10 miles also available, perfect for multi-store operators. Location Highlights: High visibility near highways, shopping, and dining, with 11,700 daily vehicles. Restrictions: No alcohol sales. Agents: NDA required for address disclosure.
Status:
Active
Type:
Commercial Lease
Units:
1
Zoning:
C-G
Frontage:
Municipal Street
Heating:
Hot Air
Cooling:
Central Air
Acreage:
0.35
Current Use
Gas Station and Convenience Store
Utilities
Telephone,Cable
Days on Market:
203
Lease Term Type:
Per Month
MLS #:
24029988
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Islam Ahmad, Regency Real Estate, LLC Email: islam@regencyhomesct.com