$1,500,000 USD

The details

Property features

Description

Gas Station for sale in the heart of retail location in Warren NJ ; Triple net lease Please note that the renewal period is from December 1, 2021 through November 30, 2031, and the rent increases from the present rent of $97,200 to $108,000 in this term , At the asking price of $1.5 million, the $104,400 mid point of the rents would be equal to a 7% return.

Location

Warren, New Jersey
Courtesy of Maggie Abdo-Manno CCIM CENTURY 21 Semiao & Associates