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Gas Station & C-Store - Ludlow, VT 143 Main St 2,090 SF Retail Building Ludlow, VT 05149 $1,191,278 CAD ($569.99 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate guaranteed Absolute Triple Net (NNN) investment with ~19 years remaining on the lease with 2% annual rent escalations.
- Well-positioned on Main St, which sees over 7,000 VPD.
- The tenant is currently partnered with 76, Valero, Exxon, Mobil, Travel Centers of America, TA Express, VP Racing, and Marathon.
- 9.02% average CAP on remaining primary term.
- Average household income in Ludlow, Vermon, exceeds $94,000.
- Gas stations offer strong bonus depreciation benefits. Consult your CPA.
EXECUTIVE SUMMARY
We are pleased to exclusively offer for sale the 2,090 SF Gas Station and C-Store located at 143 Main Street in Ludlow, VT. This offering features a corporate-guaranteed, Absolute Triple Net (NNN) Lease with ~19 years remaining and 2% annual rent escalations, delivering consistent returns backed by corporate credit.
In Cooperation With ParaSell, Inc. , A Licensed Vermont Broker - Lic. #083.0650387-MAIN BoR: Scott Reid - Lic. VT #083.0650387-MAIN
In Cooperation With ParaSell, Inc. , A Licensed Vermont Broker - Lic. #083.0650387-MAIN BoR: Scott Reid - Lic. VT #083.0650387-MAIN
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,090 SF
Building Class
C
Year Built
2015
Price
$1,191,278 CAD
Price Per SF
$569.99 CAD
Cap Rate
7.50%
NOI
$89,346 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.31 AC
Zoning
C - Commercial
Parking
20 Spaces (9.57 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 2,090 SF
- Retailer
- -
- $42.74 CAD
- May 2044
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 2,090 SF | Retailer | - | $42.74 CAD | May 2044 |
PROPERTY TAXES
| Parcel Number | 363-112-10618 | Improvements Assessment | $419,594 CAD |
| Land Assessment | $201,400 CAD | Total Assessment | $620,994 CAD |
PROPERTY TAXES
Parcel Number
363-112-10618
Land Assessment
$201,400 CAD
Improvements Assessment
$419,594 CAD
Total Assessment
$620,994 CAD
CONTACTS
-
Jake Mahon -
Zachary Passman -
John Brown -
Clifton McCrory -
Chris Sands -
Sands Investment Group
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Gas Station & C-Store - Ludlow, VT | 143 Main St
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