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