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Unbranded High Volume 160K Station On Major Road With Long 15YR LeaseBusy Unbranded High Volume 160K Station On Major Road With Long 15YR Lease
$250,000Cash Flow: $128,400
Unbranded High Volume 160K Station On Major Road With Long 15YR LeaseBusy Unbranded High Volume 160K Station On Major Road With Long 15YR Lease

Millstone, NJ

Unbranded High Volume 160K Station On Major Road With Long 15YR Lease. Unbranded gas staion located on one the town busiest roads with plenty of commercial and residential traffic. This station has been this neighborhood for over 50 years and has been fully updated with new canopy, Tanks (DWF) and all 8 MPD's have Pay at The Pump card readers. The station was built on a 1/4 acre lot with easy in and out for customers and commercial Trucks. Most of the traffic is residential customers that keep this station very busy and pumping 160,000 gallons a month at a Pool Margin of 22 cents. The little convenience store is a power house selling $10,000 a month at a very high margin. The seller has been running this location for serval years now and looking to retire and just collect rent. The seller claims a monthly net of $10,700 which includes Rent, expenses and real estate tax all paper work in hand. The new buyer will receive the station with no fuel contract and rent starting at $16,000 with a long 15 year Triple Net lease. Unbranded - No Fuel Contract - Net Cash Flow $128,400 - Being Sold Under Market-value - Quick Sale - Make An Offer

280 Route 202206, Somerville, NJ
280 Route 202206, Somerville, NJ

Somerville, NJ

Petroleum Marketing Group, Inc. directs Sealed Bid Sale of 10 Convenience Stores with Gas & 4 Commercial/Retail Sites New Jersey 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. BIDDERS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING. New Jersey state-licensed broker NRC Realty Advisors of New Jersey, LLC. License #0897521


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