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High-Traffic Gas Station Opportunity
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196-29 Hillside Avenue, Hollis, NY 11423

Commission-based BP gas station with C-store and repair shop.

Space Size1,950 SF
Days on Market87

Property Features for 196-29 Hillside Avenue

General Information

Standard status Active
Size 1,950 SF
Property subtype Retail, Special Purpose

Building Details

Building Size 1,950 SF
Year Built 1956
Tenancy Single

Spaces For Lease

at 196-29 Hillside Avenue Contact us

Space 1

Size
1,950 SF
Type
Retail, Special Purpose
Lease Type
NNN
Availability
Active
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Listing Agency: Charles Rutenberg Realty Inc Plainview
Listed By: Khaleeque Rehman · License #10401215771
Source: Crexi
Added: May 15 Changed: Aug 8 Last Checked: Aug 8 at 3:15PM

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 Charles Rutenberg Realty Inc Plainview

Investment Insights

Based on property information with market context.

This is a BP commission-based gas station with a convenience store and a 3-bay repair shop, situated on a large lot within a high-traffic area. The gas station dispenses approximately 130,000 gallons of gasoline per month. The commission is 11 cents per gallon, with BP covering credit card fees, insurance, inspections, and maintenance for the tanks and pumps. The monthly rent is $17,000, inclusive of real estate taxes. Average monthly convenience store sales are approximately $25,000 to $30,000, with potential for improvement. Average monthly lottery sales are approximately $50,000+. The repair shop generates approximately $45,000 to $50,000+ in monthly sales. The self-service car wash posts net approximately $2,000 per month. Parking generates approximately $1,500 per month, with opportunities for expansion. ATM, vacuum, and air services generate approximately $650 per month. The standard BP lease is for 5 years with renewal options every 5 years. A standard refundable BP gas deposit of $40,000 is required. BP does not object to expansions of the convenience store or the addition of vending options, such as food trucks, or any other reasonable modification. All tanks are double-walled fiberglass, and BP is responsible for the state-of-the-art pumps.

Key Highlights

  • High‑traffic "trophy location" with BP branding, minimizing competition and ensuring gasoline supply.
  • Commission‑based gas agreement with BP covering credit card fees, insurance, inspections, and tank/pump maintenance, offering a "stress‑free" opportunity.
  • Strong average monthly sales: 130,000 gallons of gas, $25k-$30k in C‑store sales, $50k+ in lotto sales, $45k-$50k+ in repair shop sales, $2000 from car wash, $1500 from parking, and $650 from ATM/Vacuum/air.

Property Analytics

Current Use

bp Gas Station

Suggested Use

Top Pick Gym & Fitness Center Parking Lot & Garage Clothing & Fashion Store Nursing Home Cafe & Coffee Shop Veterinary Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,837
Businesses Nearby

Demographics for 11423, NY

31,985
Population
10,307
Households
3.1
Avg Household Size
41
Median Age
34%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
22,846
Density / Sq Mi
$80,870
Median Household Income
$44,639
Median Earnings
$1,706
Median Rent
$717,300
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 - Commission-based BP gas station with C-store and repair shop.
Where is this gas station located?
The property is located at 196-29 Hillside Avenue Hollis, NY.
What are key features of this property?
This property features: High‑traffic "trophy location" with BP branding, minimizing competition and ensuring gasoline supply.; Commission‑based gas agreement with BP covering credit card fees, insurance, inspections, and tank/pump maintenance, offering a "stress‑free" opportunity.; Strong average monthly sales: 130,000 gallons of gas, $25k-$30k in C‑store sales, $50k+ in lotto sales, $45k-$50k+ in repair shop sales, $2000 from car wash, $1500 from parking, and $650 from ATM/Vacuum/air.
More about this property
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