Auto Service - Gas-Conv
BP Gas Station Ground Lease
144 NJ-17, Mahwah, NJ 07430
Listing Price: $3,750,000
Cap Rate
5.75%
Tenant Name
BP
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
428
Lease Type
Absolute Net
Rent Per Square Feet
$503.74
Investment Overview
Marcus & Millichap is pleased to exclusively present 144 NJ Route 17 South, Mahwah, Bergen County, New Jersey.
Exclusively Listed By
Listing Price: $3,750,000
Cap Rate
5.75%
Tenant Name
BP
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
428
Lease Type
Absolute Net
Rent Per Square Feet
$503.74
Investment Highlights
- Corporately Guaranteed NNN Ground Lease with BP
- Zero Landlord Responsibilities
- 10% Rent Increases Every Five Years
Investment Overview
Marcus & Millichap is pleased to exclusively present 144 NJ Route 17 South, Mahwah, Bergen County, New Jersey.
Exclusively Listed By
