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LISTING ID. 4 UNIT NJP
NEW JERSEY
$3,801,200

 MPDS

CANOPY
   NO FUEL CONTRACT
 STORE

4 UNBRANDED GAS STATIONS

NEW JERSEY   

4 Unbranded Gas stations For Sale in New Jersey free and clear of Tenants. This portfolio of station is currently up for sale due to sellers looking to retire and leave the state for a warmer climate. The stations all have room to build whatever they want carwash, lube center, bigger store bring all your ideas. There is one of the stations in this portfolio that is on 4.3 acres and has already a 3,000 sf convenience store that is not opened and has been already approved by 7 eleven. This portfolio also has a station on one of NJ busiest routes that is currently branded (BP) and is coming free and clear of any tenant and fuel contract. There is also a station in this portfolio that has a 3 bays with a store that could be converted in a 3, 000 sf store with the property size big enough to add a car wash. The last station in this portfolio is nestle in a town with construction going on right across the street with over 300 apartments coming soon. These stations all combined pump over 230,000 gallons a month currently which are all being leaded out. The new operator will have the option to increase volume very easily just by keeping the price consistent with the market pricing. These sites all work on very high margins over 30 cents per gallon is the pool margin. These sites are perfect for a jobber looking to move fuel or an investor looking to play landlord and collect over $26,000 a month in rent. The stations in this portfolio all have upgraded tanks (DWF) with all pumps in working condition and no history of any kind environmental issues. Four clean properties in the state of New Jersey that all come free and clear of tenants and no fuel contracts attached. All investors, 1031 Exchange buyers welcomed we can show you how this portfolio can generate double the income from day one. We also have major fuel companies willing to brand for upfront money. Investors let's do the math fuel company upfront cash $800,000 minimum, leasing out the sites $650,000 for a total $1,450,000 back in your pocket. Based on the lending with 20% down ($760,000) you will make $689,700. The asking price is $3,801,200 for 4 properties with no fuel contact and free and clear of tenants.

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