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Conoco Gas & Service Station
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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 SizeContact for details
Lot Size0.53 Acres
Days on Market134

Property Features for 716 Stokes Rd

General Information

Standard status Active
Lot size 0.53 Acres
Property subtype Retail

Additional Details

Traffic Count 7,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Michael Shover · License #PA RS297166
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 5:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

CBRE is pleased to present a Conoco gas and service station for sale on a fee simple basis with a NNN lease structure and no landlord responsibilities or expenses. The current lease has 10 years remaining in the initial 20-year term and includes annual rental increases, along with one nine-year renewal option. The lease is guaranteed by ARFA Enterprises, a major retail petroleum provider operating nearly 200 service stations across southern New Jersey and eastern Pennsylvania.

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

Conoco Gas Station US Gas Gas Station

Suggested Use

Top Pick Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts Store Building Supply Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 29% Home Improvements & Furnishings 14% Electronics 1%
McDonald's Dining
21,740 visits/mo 0.3 miles
Spotts Hardware Home Improvements & Furnishings
11,054 visits/mo 0.2 miles
TD Bank Shops & Services
9,827 visits/mo 0.5 miles
Hallmark Shops & Services
8,009 visits/mo 0.4 miles
7-Eleven Shops & Services
7,527 visits/mo 0.2 miles

Demographics for 08055, NJ

28,806
Population
11,103
Households
2.6
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
720
Density / Sq Mi
$158,487
Median Household Income
$77,304
Median Earnings
$1,502
Median Rent
$456,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Fee simple NNN gas and service station with a guaranteed lease and remaining term of about 10 years.
Where is this gas station located?
The property is located at 716 Stokes Rd Medford, NJ.
What are key features of this property?
This property features: 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
(484) 567-2340 Call to check price and availability
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