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Auto Service - Gas-Conv

High-Performing Branded Gas Station with C-Store | Turnkey Asset in Prime Manchester Location

116 Center St, Manchester, CT 06040

Listing Price: $2,750,000

Cap Rate
9.89%
Tenant Name
Owner/User
Years Remaining On Lease
8.4
Gross SF
1,708
Guarantor
No Guarantee
Rentable SF
1,708
Price/Gross SF
$1,610.07
Lease Type
Tenant at Will
Rent Per Square Feet
$347.93

Investment Overview

116 Center St, Manchester, Connecticut is a high-performing, branded gas station with an integrated convenience store, located at a signalized intersection on the corner of Center and Church. The property spans 0.51 acres and features a 1,708 SF retail building, 8 fueling positions, and ample ingress/egress. Built in 1957 and well-maintained, the facility is in turnkey condition.

Located in the heart of Manchester, CT, the property is surrounded by dense residential neighborhoods, municipal buildings, parks, and local businesses. The area is supported by steady population growth, increasing traffic patterns, and a strong demand for fuel and convenience retail.

This is a rare opportunity to acquire a fully operational gas station and convenience store in a thriving New England market with long-term upside.

Investment Highlights

  • Part of two Property Portfolio with 252 Spencer St, Manchester, Connecticut 06040 | Close Proximity, 2.5 Miles | Ease of Management
  • High-performing gas/C-store offering established operations, delivering immediate income & operational efficiencies. Turnkey business with a proven track record of success and a stable cash flow.
  • Approximately 8 years remaining on the fuel contract
  • 15,204 Vehicle per Day | Located on a Signalized Corner

Exclusively Listed By

Auto Service - Gas-Conv

High-Performing Branded Gas Station with C-Store | Turnkey Asset in Prime Manchester Location

Listing Price: $2,750,000

Cap Rate
9.89%
Tenant Name
Owner/User
Years Remaining On Lease
8.4
Gross SF
1,708
Guarantor
No Guarantee
Rentable SF
1,708
Price/Gross SF
$1,610.07
Lease Type
Tenant at Will
Rent Per Square Feet
$347.93

Investment Highlights

  • Part of two Property Portfolio with 252 Spencer St, Manchester, Connecticut 06040 | Close Proximity, 2.5 Miles | Ease of Management
  • High-performing gas/C-store offering established operations, delivering immediate income & operational efficiencies. Turnkey business with a proven track record of success and a stable cash flow.
  • Approximately 8 years remaining on the fuel contract
  • 15,204 Vehicle per Day | Located on a Signalized Corner

Investment Overview

116 Center St, Manchester, Connecticut is a high-performing, branded gas station with an integrated convenience store, located at a signalized intersection on the corner of Center and Church. The property spans 0.51 acres and features a 1,708 SF retail building, 8 fueling positions, and ample ingress/egress. Built in 1957 and well-maintained, the facility is in turnkey condition. Located in the heart of Manchester, CT, the property is surrounded by dense residential neighborhoods, municipal buildings, parks, and local businesses. The area is supported by steady population growth, increasing traffic patterns, and a strong demand for fuel and convenience retail. This is a rare opportunity to acquire a fully operational gas station and convenience store in a thriving New England market with long-term upside.

Exclusively Listed By

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