BP Gas Station

231 Route 206 , Bordentown, NJ 08505

  • For Sale $660,000
  • Property Type Retail - Freestanding
  • Property Size 800 SF
  • Lot Size 0.53 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1970
  • Year Renovated 2017
  • Date Updated Oct 29, 2024
Bordentown is a city in Burlington County, New Jersey. Bordentown is located at the confluence of the Delaware River, Blacks Creek, and Crosswicks Creek. The latter is the border between Burlington and Mercer counties. Bordentown is the northernmost municipality in New Jersey that is considered a part of the Philadelphia-Camden-Wilmington Metropolitan Statistical Area. It is approximately one-third the distance between Center City Philadelphia and Midtown Manhattan, located 5.8 miles south of the state capital Trenton, 27 miles northeast of Center City Philadelphia, and 53 miles southwest of New York City. Conveniently located just minutes from the NJ Turnpike, Interstates 195 & 295, and Routes 130 & 206, providing easy access to the metropolitan area, Bordentown City is also home to a stop on the River Line – NJ TRANSIT’s light rail service offering connections to New York, Philadelphia, Atlantic City, and even Washington D.C. In recent years, Bordentown City has become a regional destination point, offering something for everyone with its vibrant downtown commercial scene, public and private boating access, and more than 30 annual cultural and historical events, including the fall Cranberry Festival, the summer Garden Tour, the Street of Dreams classic car show, seasonal “chocolate walks,” and a revolutionary pub crawl. The “little city with a lot of charm” is not only rich with historical landmarks but offers a modern community for its residents. Residents and visitors alike love the walkability of historic Bordentown, along with its stunning architecture, boutiques, galleries, restaurants, pubs, breweries, and thriving outdoor dining scene. Downtown Bordentown offers a wide variety of stores for one’s shopping pleasure and has many book, record, and antique stores lining its streets. Enjoy dining at one of Bordentown’s many fine restaurants. The restaurants are primarily Italian, but there are also restaurants and diners that’s specialize in American food, Chinese food, and more recently Japanese and Latin-American food. Bordentown also boasts an abundance of green space, parks and trails and has a first-rate school system with multiple schools located within walking distance, making it the premiere location for young families looking to put down roots.Prime Net Lease is pleased to present the exclusive opportunity to purchase the single-tenant BP Gas Station located at 231 NJ Route 206 in Bordentown, New Jersey (the “Property”). The Property has been operating as a successful gas station for over 50 years! The Property is improved with a convenience store, eight (8) fueling stations, a propane filling station, and an on-site air station and vacuum. The Property features a recently signed 10-year Double Net lease with annual rent increases which commenced in September 2021. An investor can take advantage of the tax benefits of Fee simple ownership of a convenience store and Gas Station provides, which gives the landlord the opportunity to use accelerated Bonus depreciation model. According to the TJCA, the property qualifies in two ways, with over 51% of gross revenues are derived from the sale of petroleum products and the C-store building is 1400 square feet or less. Consulting your Accountant or Tax Attorney is highly advised. 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.

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Attachments

Highlights

  • LONG TERM LEASE - The Property has operated as a successful gas station and convenience store for many years and features a new ten (10) year double net + lease that commenced in September 2021.
  • 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.

Contacts

broker

Paul Matusik

Prime Net Lease

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bordentown, NJ
  • Zip Code 08505
  • Market Philadelphia

Points of Interest

  • Cass Street

    5.12 miles

  • Hamilton Avenue

    5.54 miles

  • Trenton

    5.91 miles

  • Burlington Towne Centre

    9.52 miles

  • West Trenton

    9.91 miles

  • Valero

    1.17 miles

  • Love's

    1.66 miles

  • Wawa

    3.09 miles

  • Shell

    3.13 miles

  • ChargePoint

    3.90 miles

  • Lukoil

    4.36 miles

  • Tesla Supercharger

    4.36 miles

  • Getty

    4.37 miles

  • Sunoco

    4.42 miles

  • Delaware River Heritage Trail Parking

    0.91 miles

  • Delaware River Heritage Trail

    4.40 miles

  • Hibernians Parking

    4.51 miles

  • Briarwood Shoppes Parking

    4.69 miles

  • Dunmoor Court S Parking

    4.71 miles

  • Dunmoor Ct N Parking

    4.79 miles

  • Briarwood Apartments Parking lot

    4.81 miles

  • Old Town Pub

    0.66 miles

  • Wendy's

    1.65 miles

  • Papa John's

    2.16 miles

  • Osteria Procaccini

    3.06 miles

  • Taco Bell

    3.14 miles

  • Bella Mia Pizza & Italian Cuisine

    3.30 miles

  • Burger King

    3.40 miles

  • Broad Street Diner

    3.45 miles

  • McDonald's

    3.46 miles

  • Subway

    3.49 miles

  • ALDI

    0.45 miles

  • Acme

    1.45 miles

  • ShopRite

    2.10 miles

  • Save-A-Lot

    3.58 miles

  • Grocery Outlet

    4.33 miles

  • Foley's Family Market

    4.43 miles

  • Supreme Food Market

    4.67 miles

  • Ross

    4.75 miles

  • Kohl's

    4.84 miles

  • Walmart

    5.02 miles

Frequently Asked Questions

How much does BP Gas Station cost?

The space currently listed for sale at BP Gas Station asks for $660,000.

What is the total square footage of BP Gas Station?

BP Gas Station totals 800 square feet.

When was this property built?

BP Gas Station was built in 1970.

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Contact Listing Broker

broker

Paul Matusik

Prime Net Lease