716 Stokes Rd, Medford, NJ 08055
Fee simple NNN gas and service station with a guaranteed lease and remaining term of about 10 years.
Property Features for 716 Stokes Rd
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
The property sits on 0.53 acres with excellent access and visibility on Stokes Road, with traffic counts reported at over 7,000 vehicles per day. The site is located in a densely populated area, with population counts of 4,595 people within 1 mile, 24,829 within 3 miles, and 55,166 within 5 miles.
Household income is reported above $138K in the 1-mile ring and above $148K in the 3-mile ring. The surrounding area includes local uses such as a hardware store, fitness clubs, and a seafood market, as well as national retailers including Starbucks, McDonald’s, CVS, TD Bank, Bank of America, and PJ Whelihan’s.
Key Highlights
- Fee simple Conoco gas and service station offered on a fee simple, NNN lease with no landlord responsibilities or expenses
- Lease has about 10 years remaining in the initial 20‑year term, with annual rental increases and one 9‑year option to renew
- Lease is guaranteed by ARFA Enterprises, a major retail petroleum provider operating nearly 200 service stations in southern NJ and eastern PA
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 08055, NJ
Market
Vacancy Rate% for Retail in Northeast region