$4.44 Per Sq Foot $107 est/mo Sourced by Back At You

588 Long Hill Road,Groton, CT 06340

Groton CT, 06340

Share with a friend


Explore a unique leasing opportunity at a newly built BP branded gas station and convenience store in New London County, CT. Situated in a prime location with high visibility and accessibility. This state-of-the-art facility features 6 pumps (12 fueling dispensers, including diesel) and 3 EV charging stations. The spacious 4,500 sq ft convenience store offers a wide range of retail options. The Key Money amount is $350,000 for the initial lease term. Commission Agent ($0.05 per gallon) with an estimated 80,000 gallons per month. The lease is a five year term with renewal option, requiring additional key money upon renewal. Monthly rent is $20,000, with the landlord covering property taxes and 70% of credit card fees. Tenants cover utilities, personal property tax, 30% of credit card fees, and a $350 monthly terminal fee. A fuel and building security deposit of $35,000 is required. The landlord is responsible for maintaining the underground storage tanks, pumps and property, while the tenant is responsible for maintaining the interior of the building. Note: no alcohol sales permitted. Two additional newly constructed locations within a 10-mile radius also available for lease, supporting potential multi-store ventures. Close proximity to highways, shopping centers, and restaurants, with a daily traffic count of around 17,400 cars, site features high visibility and significant potential for attracting heavy foot traffic. Photos available early August.


Listing TypeFor Sale
Days On Site16
Listing Provided ByRegency Real Estate, LLC | Islam Ahmad


SQ Feet4,500

Market Activity 06340

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.

Request a showing

Request a showing

Loading Form
Listings Checked: 8 minutes ago


Learn More About This Property

CountyNew London
Zip Code06340
AreaNew London
Listing VS Median (in 06340)
low | high
75% of Average
low | high
86.844444444444% of Average
$ / SqFt:
low | high
100% of Average
On Site:
low | high
7.111111111111% of Average
Sourced by Back At You
Listing Updated: July 3, 2024 at 1:39:09 AM PDT