New Highway Gas Station with Convenience Store - Morristown, NJ

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Financial Details

Asking Price:
$185,000
Profit Metric:
Cash Flow
Location:
Morristown, NJ, US
Source:
Date:
September 15, 2025

Key Highlights

Newly constructed and recently remodeled highway gas station with a convenience store not yet opened.
Modern infrastructure including a new canopy, LED sign, 5 MPDs, and updated tanks with over 60,000 gallons capacity.
Strong fuel sales potential with 90-100K gallons/month at a 30 cent pool margin, offered with a 12-year NNN lease at $9,000/month.

Description

This is a newly constructed and recently remodeled highway gas station located in Morristown, NJ. The convenience store portion has not yet opened, presenting a prime opportunity for a new owner to establish operations. The facility features a new canopy, LED sign, 5 MPDs, and updated tanks with a total capacity exceeding 60,000 gallons, including separate tanks for Regular, Diesel, Super, Off-Road Diesel, and DEF. The station currently pumps 90-100,000 gallons per month with a 30-cent pool margin. A 12-year triple net (NNN) lease is offered, with rent starting at $9,000 per month. This listing represents a significant opportunity to acquire a modern, well-equipped gas station with substantial fuel sales volume and a long-term lease in place.

Industry Information

Industry Description:
Gas Stations
Classification:
Retail

Real Estate & Lease

Status:
Leased
Monthly Rent:
$9,000 USD

Listing Details

Listing ID:
f2f882f4-9cf8-496b-a44f-7078a1166e57
Deal Status:
For Sale
Date Posted:
May 08, 2024
Last Updated:
September 15, 2025
Currency:
USD