BP Gas Station and Convenience
For Sale
Contact for pricing
1505 Kennedy Blvd, North Bergen, NJ 07305
NNN ground lease sale featuring a convenience store and eight gas pumps at a signalized boulevard corner.
Property Size2,500 SF
Lot Size0.36 Acres
Days on Market122
Property Features for 1505 Kennedy Blvd
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.36 Acres
Property subtype
Retail
Site & Location
Traffic Count
17,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Matthew Gorman · License #PA RS287470
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 5:33PM
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.
This BP gas station and convenience store property is offered as a new NNN ground lease with no landlord responsibilities or expenses. The initial 10-year lease has over 9 years remaining, with 2% annual increases in the base term and in each of the two 10-year renewal options. The lease includes a corporate guarantee by BP, rated A- by Standard & Poor’s.
The site sits on a signalized corner of Kennedy Boulevard and W 63rd Street and includes a convenience store, 8 gas pumps, and three points of access. The property is located on a 0.36-acre parcel and is positioned for high exposure with combined traffic counts over 17,000 vehicles per day at the corner and another 73,000 passing on nearby I-78, as described in the offering.
CBRE also notes a dense trade area, with over 45,000 people within 1 mile, over 187,000 within 3 miles, and over 573,000 within 5 miles. The surrounding retail mix cited includes McDonald’s, Dunkin Donuts, Family Dollar, Enterprise, Rent-A-Center, and Pizza Hut.
The site sits on a signalized corner of Kennedy Boulevard and W 63rd Street and includes a convenience store, 8 gas pumps, and three points of access. The property is located on a 0.36-acre parcel and is positioned for high exposure with combined traffic counts over 17,000 vehicles per day at the corner and another 73,000 passing on nearby I-78, as described in the offering.
CBRE also notes a dense trade area, with over 45,000 people within 1 mile, over 187,000 within 3 miles, and over 573,000 within 5 miles. The surrounding retail mix cited includes McDonald’s, Dunkin Donuts, Family Dollar, Enterprise, Rent-A-Center, and Pizza Hut.
Key Highlights
- NNN ground lease with no landlord responsibilities or expenses
- BP corporate guarantee; investment‑grade credit tenant rated A- by Standard & Poor's
- Over 9 years remaining on the initial 10‑year lease; 2% annual base‑term increases plus increases in both 10‑year renewal options
Property Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,494
Businesses Nearby
168k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Groceries 37%
Shops & Services 23%
Hotels & Casinos 3%
Food Bazaar Supermarket
Groceries
50,785 visits/mo
0.3 miles
Wendy's
Dining
24,575 visits/mo
0.4 miles
McDonald's
Dining
19,026 visits/mo
0.3 miles
KFC
Dining
12,034 visits/mo
0.2 miles
Fine Fare
Groceries
10,861 visits/mo
0.4 miles
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Gas station - NNN ground lease sale featuring a convenience store and eight gas pumps at a signalized boulevard corner.
Where is this gas station located?
The property is located at 1505 Kennedy Blvd North Bergen, NJ.
What are key features of this property?
This property features: NNN ground lease with no landlord responsibilities or expenses; BP corporate guarantee; investment‑grade credit tenant rated A- by Standard & Poor's; Over 9 years remaining on the initial 10‑year lease; 2% annual base‑term increases plus increases in both 10‑year renewal options
