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Auto Service - Gas-Conv

BP Gas Station Ground Lease

144 NJ-17, Mahwah, NJ 07430

Listing Price: $3,920,000

Cap Rate
5.50%
Tenant Name
BP
Years Remaining On Lease
7.6
Guarantor
Corporate Guarantee
Rentable SF
428
Lease Type
Absolute Net
Rent Per Square Feet
$503.75

Investment Overview

Marcus & Millichap is pleased to exclusively present 144 NJ Route 17 South, Mahwah, Bergen County, New Jersey.

Investment Highlights

  • Corporately Guaranteed NNN Ground Lease with BP
  • Zero Landlord Responsibilities
  • 10% Rent Increases Every Five Years

Exclusively Listed By

Auto Service - Gas-Conv

BP Gas Station Ground Lease

Listing Price: $3,920,000

Cap Rate
5.50%
Tenant Name
BP
Years Remaining On Lease
7.6
Guarantor
Corporate Guarantee
Rentable SF
428
Lease Type
Absolute Net
Rent Per Square Feet
$503.75

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

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