High Volume Unbranded Gas Station CStore W/4 Acre
Looking for a truck stop in NJ here you go build your own truck stop on a major route. This property has 4 acres included in the asking price bring all your ideas and build something amazing here. The average truck stop sells for $4.5-6 million on maybe one acre, for $3 million including the asking price you can build here brand new. This station has been Pre Approved from multiple lenders for financing that's 90% of the battle already been taken care of for you. Major route location 0ff route 23 with plenty of traffic over 20,000 cars a day travel this road. The station has been leased out for over 15 years and now the lease is up and the landlord would like to sell the property. The station comes free and clear of any tenants and with no fuel contact attached to the property. This location has a 3,000 sf building with retail space of over 2,500 sf that with the right operator could be franchised to a 7 Eleven. The store numbers are not known at this time due to the tenant being in place but according to the landlord and based on the gas volume it's busy. The current tenant has a triple net lease (NNN) and is a family member of the landlord and only pays $7,500 a month in rent. This location has it all full canopy with 4 MPD's that are currently pumping an average of 120,000 gallons a month with gas margin unknown. The new buyer will have the option to brand and collect up front cash from any major fuel company no problem. There is other stations on this road of course that have been here for years and have not affected the volume or the store business. The asking price is firm at $1,300,000 with the station having a pre approval in place for financing we can help. Why lease when you can own and 9 out of 10 times it's cheaper to pay a mortgage than to pay rent.
Financials (USD)
Asking Price $1,300,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Available On Request
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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