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Auto Service - Gas-Conv

Shell

252 Spencer St, Manchester, CT 06040

Listing Price: $3,150,000

Cap Rate
13.64%
Tenant Name
Shell
Years Remaining On Lease
10.0
Gross SF
2,500
Guarantor
No Guarantee
Rentable SF
2,500
Price/Gross SF
$1,260.00
Lease Type
Tenant at Will
Rent Per Square Feet
$282.22

Investment Overview

252 Spencer St, Manchester, Connecticut is a high-visibility, branded Shell gas station with an integrated convenience store, occupying a prime 0.62-acre pad site within the busy ShopRite Plaza. The property features a well-maintained retail building, 6 fueling stations, and excellent ingress/egress. Strategically located as the first gas station off the I-384 exit ramps, it benefits from strong commuter and local traffic. With approximately 4.5 years remaining on the existing fuel supply contract, the site offers continued brand stability and operational consistency. Its high-traffic location, proximity to major retailers, and turnkey condition make this facility ideally positioned for sustained performance.

Investment Highlights

  • Part of two Property Portfolio with 116 Center 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 4.5 Years Remaining on Fuel Contract
  • 25,311 Vehicles Per Day | Located on Main Retail Corridor

Exclusively Listed By

Auto Service - Gas-Conv

Shell

Listing Price: $3,150,000

Cap Rate
13.64%
Tenant Name
Shell
Years Remaining On Lease
10.0
Gross SF
2,500
Guarantor
No Guarantee
Rentable SF
2,500
Price/Gross SF
$1,260.00
Lease Type
Tenant at Will
Rent Per Square Feet
$282.22

Investment Highlights

  • Part of two Property Portfolio with 116 Center 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 4.5 Years Remaining on Fuel Contract
  • 25,311 Vehicles Per Day | Located on Main Retail Corridor

Investment Overview

252 Spencer St, Manchester, Connecticut is a high-visibility, branded Shell gas station with an integrated convenience store, occupying a prime 0.62-acre pad site within the busy ShopRite Plaza. The property features a well-maintained retail building, 6 fueling stations, and excellent ingress/egress. Strategically located as the first gas station off the I-384 exit ramps, it benefits from strong commuter and local traffic. With approximately 4.5 years remaining on the existing fuel supply contract, the site offers continued brand stability and operational consistency. Its high-traffic location, proximity to major retailers, and turnkey condition make this facility ideally positioned for sustained performance.

Exclusively Listed By

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