BP Gas Station Net Leased
HIGH TRAFFIC COUNTS - BONUS DEPRECIATION - NO FUEL CONTRACT - OWNER USER OPPORTUNITY
Marketing description
Prime Net Lease is pleased to present the exclusive opportunity to purchase a BP Gas Station located at 231 NJ Route 206 in Bordentown, New Jersey (the “Property”) on a short-term 1 year lease. The Property has been operating as a successful gas station for over 50 years! The previous tenant retired. New tenant just signed a one year lease.
Qualifies for 100% Bonus Depreciation.
Property is situated at the convergence of US Route 206 and US Route 130, two of the area’s primary commercial and commuter roadways. These two heavily trafficked roadways directly connect to Interstate 295 (1-mile away) and Interstate 95 (1.5-miles away). The Property lies less than 1-mile from downtown Borden town and is surrounded by densely populated residential neighborhoods and enjoys convenient access to area schools and retailers. The Property enjoys good visibility, signage, and frontage along US Routes 130 & 206. Bordentown is an affluent bedroom community of Philadelphia, located 30-miles northeast of the city.
Investment highlights
BONUS DEPRECIATION - Fee simple ownership of a convenience store and Gas Station provides the landlord the opportunity to use accelerated Bonus depreciation model. Consulting your Accountant or Tax Attorney is advised.
EXCELLENT TRAFFIC COUNTS - Approximately 49,200 vehicles per day pass BP on at the confluence of US Route 206 & US Route 130.
STRATEGIC LOCATION - The Property is situated at the convergence of US Route206 and US Route 130, two of the area’s primary commercial and commuter roadways. These two heavily trafficked roadways directly connect to Interstate295 (1-mile away) and Interstate 95 (1.5-miles away). The Property lies less than1-mile from downtown Bordentown and is surrounded by densely populated residential neighborhoods and enjoys convenient access to area schools and retailers. Bordentown is an affluent bedroom community of Philadelphia, located 30-miles northeast of the city.
MARKET DRIVERS - Additional retailers drawing consumers to the trade area include Seven (7) Hotels/Motels, ShopRite, ALDI, Acme Markets, Tractor Supply, Dollar General, Pep Boys, AT&T, McDonald’s, Denny’s, Starbucks, 7-Eleven, Wawa, and Dunkin’.
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