6 US-46, Fairfield, NJ 07004
Absolute NNN ground lease with a BP p.l.c. guarantee and multiple renewal options.
Property Features for 6 US-46
General Information
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Investment Insights
Based on property information with market context.
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
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 07004, NJ
Market
Vacancy Rate% for Retail in Northeast region