BP Gas Station and Convenience
For Sale
Contact for pricing
Pending
62 Montauk Highway, Blue Point, NY 11715
For sale as business goodwill only with a long-term triple-net lease and absentee-operator operation.
Property SizeContact for details
Days on Market56
Property Features for 62 Montauk Highway
General Information
Standard status
Pending
Total Parking Spaces
50
Property subtype
Retail, Business for Sale
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Additional Details
Business Included
Yes
Building Details
Year Built
2015
Year Renovated
2015
Units
50
Tenancy
Single
Listing Agency:
Charles Rutenberg Realty Inc Plainview
Listed By:
Khaleeque Rehman · License #10401215771
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Jul 25 at 7:48AM
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 offering is for a BP gas station and convenience store business goodwill only, delivered via assignment of the existing operations. The post notes that the real estate is not available for sale and that there is no repair shop. The operation is currently run by an absentee owner, with the team staffed by two workers and described as manageable with one worker per shift.
The business is located on a busy road in Blue Point, New York (Suffolk County). The lease is described as 15 years with monthly rent of $10,000 under a triple-net structure, stated to be $11,000 currently and reduced to $10,000, with real estate tax included in rent and all other expenses paid by the tenant. The post also references a $30,000 refundable security deposit and additional refundable BP gas deposit of $40,000.
Interested parties should focus on underwriting the ongoing business lease structure and associated operating commitments, as the transaction is specifically not a real estate sale. The seller states there is no seller financing and no sale contingency tied to financing, and that tax returns and profit-and-loss statements will not be provided; instead, documentation related to gas volume and store sales can be made available upon request. Brokers are welcomed, and the seller requests that visitors contact for the address to visit and avoid speaking with workers on site.
The business is located on a busy road in Blue Point, New York (Suffolk County). The lease is described as 15 years with monthly rent of $10,000 under a triple-net structure, stated to be $11,000 currently and reduced to $10,000, with real estate tax included in rent and all other expenses paid by the tenant. The post also references a $30,000 refundable security deposit and additional refundable BP gas deposit of $40,000.
Interested parties should focus on underwriting the ongoing business lease structure and associated operating commitments, as the transaction is specifically not a real estate sale. The seller states there is no seller financing and no sale contingency tied to financing, and that tax returns and profit-and-loss statements will not be provided; instead, documentation related to gas volume and store sales can be made available upon request. Brokers are welcomed, and the seller requests that visitors contact for the address to visit and avoid speaking with workers on site.
Key Highlights
- Gas station and convenience store business goodwill for sale (real estate not available for sale).
- 15‑year lease in place with $10,000/month rent (currently $11,000, will be reduced); triple‑net—all expenses paid by tenant (real estate taxes included in rent).
- Lease financial terms: refundable security deposit $30,000; refundable BP gas deposit $40,000; key money $275,000.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Groceries 27%
Shops & Services 20%
Home Improvements & Furnishings 11%
King Kullen
Groceries
13,579 visits/mo
0.2 miles
McDonald's
Dining
13,116 visits/mo
0.2 miles
7-Eleven
Shops & Services
7,702 visits/mo
0.1 miles
True Value Hardware
Home Improvements & Furnishings
5,256 visits/mo
0.3 miles
Dunkin' Donuts
Dining
4,878 visits/mo
0.1 miles
Demographics for 11715, NY
4,423
Population
1,742
Households
2.5
Avg Household Size
45
Median Age
57%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
2,602
Density / Sq Mi
$157,905
Median Household Income
$91,766
Median Earnings
$2,200
Median Rent
$593,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - For sale as business goodwill only with a long-term triple-net lease and absentee-operator operation.
Where is this gas station located?
The property is located at 62 Montauk Highway Blue Point, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Gas station and convenience store business goodwill for sale (real estate not available for sale).; 15‑year lease in place with $10,000/month rent (currently $11,000, will be reduced); triple‑net—all expenses paid by tenant (real estate taxes included in rent).; Lease financial terms: refundable security deposit $30,000; refundable BP gas deposit $40,000; key money $275,000.
