Search
BP Gas Station Ground Lease
For Sale
Contact for pricing
Pending

6 US-46, Fairfield, NJ 07004

Absolute NNN ground lease with a BP p.l.c. guarantee and multiple renewal options.

Property SizeContact for details
Days on Market143

Property Features for 6 US-46

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Northmarq Capital, LLC
Listed By: Jason Maier · License #NY 10301215989
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:29AM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This offering consists of the ground lease beneath an operating BP gas station at 6 US-46 in Fairfield, New Jersey. The lease is structured as absolute NNN and is 100% guaranteed by BP p.l.c., providing a clearly defined contractual framework for the property’s ongoing operation.

Approximately eleven (11) years remain in the base term, with contractual increases every 5 years. The agreement also includes four (4), five (5) year renewal options. The site benefits from reported traffic exceeding 100,000 VPD, while the surrounding 5-mile area has a population of over 155,000 and an average household income of approximately $165,000.

Key Highlights

  • Operating BP gas station ground lease at 6 US‑46, Fairfield, NJ 07004
  • Absolute NNN lease structure
  • Lease 100% guaranteed by BP p.l.c.

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Nail Salon (Bike/Boat/Book/etc) Store Pharmacy Florist

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

Location Intelligence

Trade Area within ½ mile

1,015
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 56% Hotels & Casinos 35% Shops & Services 7% Home Improvements & Furnishings 2%
Once Upon A Child Apparel
13,353 visits/mo 0.5 miles
Hampton Inn Hotels & Casinos
8,369 visits/mo 0.4 miles
AAMCO Transmissions Shops & Services
765 visits/mo 0.3 miles
CARSTAR Proline Auto Body of Pinebrook Shops & Services
506 visits/mo 0.3 miles
California Closets Home Improvements & Furnishings
468 visits/mo 0.1 miles

Demographics for 07004, NJ

7,872
Population
3,054
Households
2.6
Avg Household Size
44
Median Age
51%
College-Educated
97%
High-School Grad
10.1 sq mi
ZIP Area
779
Density / Sq Mi
$113,750
Median Household Income
$73,322
Median Earnings
$2,576
Median Rent
$651,800
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Gas station - Absolute NNN ground lease with a BP p.l.c. guarantee and multiple renewal options.
Where is this gas station located?
The property is located at 6 US-46 Fairfield, NJ.
What are key features of this property?
This property features: Operating BP gas station ground lease at 6 US‑46, Fairfield, NJ 07004; Absolute NNN lease structure; Lease 100% guaranteed by BP p.l.c.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message