Shutdown Corporate Gas Station For Sublease in Fairlee, VT
Phillips 66
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Financial Details
- Asking Price:
- $15,000
- Location:
- Fairlee, VT, US
- Source:
- Date:
- June 28, 2025
Key Highlights
- Corporate gas station sublease opportunity in Fairlee, VT, rebranding to Phillips 66.
- Triple net (NNN) lease at $1,000/month + $1,700/month estimated expenses, with 2% annual increase.
- 5-year initial term with three 5-year renewal options, plus $30,000 acquisition fee and $12,500 security deposit.
Description
This is a business listing for a shutdown corporate gas station available for sublease in Fairlee, VT. The station will be rebranded to Phillips 66. The lease is triple net (NNN) with a 2% annual increase, structured initially for a 5-year term with three renewal options of 5 years each—totaling up to 20 years available. Rent is $1,000 NNN per month with estimated NNN expenses of $1,700 per month. The buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $12,500.
Industry Information
- Industry Description:
- Gas Stations
- Classification:
- Automotive & Boat
Listing Details
- Listing ID:
- e2a60f14-6c04-4e24-a787-685bb66ac2b6
- Deal Status:
- For Sale
- Date Posted:
- June 28, 2025
- Last Updated:
- June 28, 2025
- Currency:
- USD
Features & Tags
Franchise Opportunity
This listing is explicitly mentioned as a franchise opportunity.
Franchise
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