11
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$10,000
1,600 SqFt
Active
118 Boston Post Road Waterford, CT 06385
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UPDATED:
01/05/2025 08:46 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,600 sqft
MLS Listing ID 24029988
Year Built 2024
Lot Size 0.350 Acres
Property Description
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.
Location
State CT
County New London
Zoning C-G
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Telephone, Cable
Roof Type Other
Building
Sewer Other
Water Other
Listed by Islam Ahmad • Regency Real Estate, LLC