Sale 2003
Global Partners LP directs Sealed Bid Sale of
18 Convenience Stores with Gas, and One Commercial Building
NH, RI & VT
NEW Bid Deadline: June 23, 2020
Site 423, 500 Riverside Avenue, Burlington, VT
| Property Information | |
|---|---|
| Bid Deadline | June 23, 2020 |
| Offering | Commission Marketer - Convenience Store with Gas (COCA) |
| Property Ownership Type | Fee |
| Cross Streets | Riverside & Prospect |
| Zip Code | 5401 |
| County | Chittenden |
| Lot Size | 39,927 sf |
| Building Size | 2,437 sf |
| Property Taxes | $22,820 |
| Tax Period | 2019 TY - (7/1/19-6/30/20) |
| Year Built | TBD |
| Fuel Supply and Branding | |
|---|---|
| Current Fuel Brand | Shell |
| Fuel Supply Requirement | To be sold with supply agreement from seller |
| Fuel Supply Terms | 15 years |
| Facility Performance - January 1 to December 31, 2019 | |
|---|---|
| Gasoline Gallons Sold | 418,763 |
| Diesel Gallons Sold | 26,438 |
| Dealer-Operator Lease Information | |
|---|---|
| Lease Expiration | 10/31/2020 |
| Renewal Options | None |
| Monthly Rent | $4,200 |
| Property Comments | |
|---|---|
| Operating Convenience Store w/ Gas | |
| Viewing and Inspection | |
|---|---|
| Inspection of the property may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING. | |
| Broker Information | |
|---|---|
| Sale conducted in conjunction with Vermont state-licensed broker Continental Real Estate Group, Inc. Lic. #083.0071760-MAIN | |