$30K Unbranded Gas Station Union NJ

Unbranded Gas Station in Union County, NJ C Store 2 Bay Repair Shop For Lease

New to the market is this unbranded gas station that was just reopened. This gas station sits on a corner lot of a very busy road in Union City with nothing but local traffic all day. The seller is offering two options here: the first is the gas and the store only for $3,000 a month in rent; the second option will be the entire station, including bays, with a rent of $7,000. Anyone that lives in this area is familiar with the repair shop business that was here and that it was always busy. The seller is offering the station with no fuel contract and has no current numbers on the fuel. The seller was told prior to the station closing it was pumping 60,000 gallons a month. The station was closed due to the last tenant not keeping up the compliment with the state. The station has everything ready to start pumping fuel the seller got it all done with the state.The asking price for this station is now $30,000 with a ten-year lease, triple net (NN). All offers are welcome. Make an offer. FYI, according to the seller, the store is legal, and prior to the station closing, it had a CO with the state of NJ, which means you can open the store right away. This station is perfect for an owner-operator, especially if you are working at another gas station. Run your own station for 2024 and take control of your own cash flow with multiple streams of income here convenience store (legal). Gas two pumps, no canopy, repair shop, two bays that were very busy prior to closing.

Financial Information

GAS AND STORE RENT $3,000 UNBRANDED STATION
STORE SIZE 800 SF LEGAL STORE
LOTTERY YES COULD BE ADDED
MPD TWO SELLS ALL GRADES
REPAIR SHOP RENT $4,000 JUST BAYS
REPAIR SHOP TWO BAY LIFTS IN WORKING CONDITION
CANOPY NO HAS KIOSK
LEASE TERM \ TYPE 10 YEARS TRIPLE NET (NNN)
ASKING PRICE $30,000 LAST AND FINAL