Lexington Gas Stations

Buying

With its mixture of dense pockets of urbanity and unfettered nature preserves, this city has the ideal customer base. An investor who is investigating the best places to buy a gas station in Massachusetts should definitely call Boston City Properties for more information about the current market conditions in Lexington. With its long established residential community and proximity to major transit routes, this city has a number of properties that are perfect for savvy investors keen to make a steady amount of revenue from a real estate acquisition.

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gas stations

Typically, fueling stops here are next to convenience stores that have a brick exterior with numerous large display windows. The signage is often crafted from a bollard or electronic display that bears the logo of the station, and is illuminated at night. Frequently, this sign will also advertise the prices of each of the individual grades of gas, as well as a space for diesel fuel if the station offers that service. Because the interstate is so close by, the station often does include this last bit of information, although it is not always part of the sign.

The layouts of the fueling pumps tend to either be concentrated near the center of the parcel, or they can be staggered into banks of four along the property. For many owners, having multiple banks reduces congestion in the lot, and helps attract more customers who may be driving from different directions.

Leasing

Part of the appeal of leasing a gas station is about the challenge of stocking the adjacent convenience store. What types of food will always sell out, and what items of inventory will have a longer shelf life? Most importantly, what can the operator of the station do to attract more business?

In many cities, fueling stops stock a reliable assortment of dry goods and other food products that can be consumed during a multi-hour drive. While this is almost always guaranteed to bring in a healthy amount of business, varying the selection slightly to suit local needs can have a surprisingly positive overall effect. Most stations, for example, possess some form of a refrigerated case. By stocking this case with different kinds of cheese or specialty drinks, the operators may discover an uptick in business from local residents and commuters who enjoy a particular brand of food or drink they can’t find in their regular grocery.

Similarly, by equipping the store with specialty vending machines that dispense a particular kind of coffee or other brewed beverage, as well as rotisserie style machines that can cook a variety of different meats or other seasonal products, the store can become a lively place for treats, not only for motorists, but for residents who live within walking distance. Candy machines and a series of clothing options and beauty products are also not a bad idea, especially for those stations that are located within close range of a school or other educational institution. Motorists appreciate being able to freshen their wardrobe, and younger patrons enjoy being able to buy a small quantity of candy after the school day is done.

Geographical Location

With 16.4 square miles of land, this city has a fairly high urban density in terms of its population and the distribution of that population. It also shares a border with the cities of Waltham, Burlington, Bedford, Winchester, and Belmont. In terms of transport, the region can be accessed via Interstate 95, Route 2A, Route 2, and Route 4. The Tophet Swamp is located right off Interstate 95, while Willard’s Woods is positioned along North Street. The Lower Vine Brook is located off Saddle Club Road, while Upper Vine Brook is only a few paces from Marrett Road. Tower Park can be accessed via Massachusetts Avenue, and Pheasant Brook is close to Maple Street.

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gas stations