Overview
Newly Built Citgo Gas Station & Convenience Store for Lease - Commission Agent Opportunity in New London County, CT This is a commission agent lease offering for a newly built, Citgo-branded gas station and 1, 600 sq ft convenience store in New London County, CT. The facility features 3 fueling islands (6 dispensers, including diesel) and is designed for modern operations. Key Details: *Key Money: $200, 000 *Commission: $0.05 per gallon. *Rent: $10, 000/month (landlord covers property taxes & 70% of credit card fees). *Tenant Costs: Utilities, 30% of credit card fees, $350 terminal fee, and personal property tax. *Security Deposit: $35, 000 (fuel & building). *Lease Term: 5 years with renewal options Previously an established gas station with estimated fuel sales of 30, 000 gallons/month, this site will be ready by March 2025, complete with fixtures, counters, a walk-in cooler, and coffee equipment. Additional Opportunities: Two newly constructed locations within 10 miles also available, perfect for multi-store operators. Location Highlights: High visibility near highways, shopping, and dining, with 11, 700 daily vehicles. Restrictions: No alcohol sales. Agents: NDA required for address disclosure.