Listing # 00052P – Long Term Lease w/ Business – Nassau County

LONG TERM LEASE (20 YEARS, PLUS A 10 YEAR OPTION)

Property Information

Listing No.

00052P – Long Term Lease w/ Business – Nassau County

Price

$650,000

Location

Nassau, NY

Property Size

7,000 Sq. Ft. (.159 Acres)

Zoning

Gas & Service (432.34) Business D

Real Estate Taxes

$27,229 (2018)

Tanks

(2) 15k DWF tanks (2018)

Supply

BP, 5 yrs, DTW w/ 5 or 5.5 cpg rebate

Financing Available

NNN Triple Net Lease

Business Included

Highlights

Brand New Station, only been open for 3 months. Beautiful convenience store located on a corner on a well-traveled road offering non-stop automotive and pedestrian traffic with easy curb access. 3 MPD’s (6 fueling positions for gas & 6 fueling positions for diesel), has canopy, pay-at-the pumps, has self & full serve (40 cpg more for full serve).  Great BP supply deal, 5 years DTW supply with a 5 cpg rebate from gallon 1, or a 5.5 cpg rebate if volume reaches 125,000 per month.


Waiting for ID & Price sign, so at the moment station is only doing 70,000 gallons per month but working on very high margins because of the no Price sign situation. Still waiting for lottery and Air & Vacuum machines. 2 months rent deposit is required and a $40,000 BP fuel deposit is also required. Great rent of $8,000 per month with a 20 years lease and (1) 10 year option.

Interested in this Property


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Listing Brokers



Disclaimer


Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer. All information has been provided by the seller and needs to be re-verified by the buyer. Bill Blau Real Estate & Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.