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For lease

Retail

NJ

Budd Lake
Gas station, C store
NBG 15 NJL
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HWY Gas Station 100K Gas New Store 2,500 SF For Lease

A brand new build that was totally remodeled 3 years ago from the repair shop to the convenience store was just finished last year. The store has not opened yet, and the landlord is only running the fuel as of now. Everything here is new: a new canopy, LED Sign 5 MPD's with all new updated tanks (DFW), and over 60,000 gallons of capacity. The tanks are as follows: 40K Gal Reg, 8K Dsl, 6K Gal Sup, 3K Gal Off Road Diesel, and 3K Gal DEF, and they sell 90–100,000 a month at a 30 cent pool margin. The station has a fuel contract in place, but some loads could come from other sources as well. The seller is offering a 12-year triple net lease (NNN), with the rent starting at $9,000 and an asking price of $350,000.

Address 
Status
Active
City
Budd Lake
County 
Morris
State 
New Jersey
Zip code 
07828
Details 
Property Type
Retail
Subtype
Gas station, C store
Brand 
Branded
Tanks Type 
DFW
Fuel Contract 
Yes
MPD
5
Financial
Monthly Store sales
Lease Type 
Triple Net (NNN)
Closed
Lottery
No Lotto
Lease Term 
12
Monthly Gallons 
Pool Margin
.20
60,000
Rent   
Asking Price  
$350,000
$9,000
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