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Levittown Gas Station For Sale

7011 New Falls Rd, Levittown, PA

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For Sale

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NNN gas station with corporate-backed lease and rental increases.

Type:RETAIL

Property size:

1,647 SF

Lot size:

0.53 Acres

Price / SF:

$1,126/SF

HighLights

Corporate guaranteed lease by Global Partners LP (NYSE: GLP), an American energy supply company with 1,600+ gas stations and an S&P credit rating of B+.
Over 10 years remaining on the lease with 3 (5‑year) options to extend.
Benefit from 1.50% annual rental increases throughout the initial term and options, hedging against inflation and increasing NOI.
Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises.
Fee simple ownership of the building and land, allowing for potential bonus depreciation benefits.
No landlord responsibilities.

We can help!

Listing Contact

Andrew Fallon

For Sale

Contact for pricing

NNN gas station with corporate-backed lease and rental increases.

Type:RETAIL

Property size:

1,647 SF

Lot size:

0.53 Acres

Price / SF:

$1,126/SF

Added:: Feb 28, 2025
Days on Market:: 472
Last Refresh:: May 20 at 8:34 pm

Property Features for 7011 New Falls Rd

General Information

Standard status: Active
Size: 1,647 SF
Lot size: 0.53 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Andrew Fallon

Listing agent Andrew Fallon License #0225193951

Listing office SRS Real Estate Partners | McLean

Listing date Feb 28, 2025

Source Moodyscre

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 SRS Real Estate Partners | McLean

HighLights

Corporate guaranteed lease by Global Partners LP (NYSE: GLP), an American energy supply company with 1,600+ gas stations and an S&P credit rating of B+.
Over 10 years remaining on the lease with 3 (5‑year) options to extend.
Benefit from 1.50% annual rental increases throughout the initial term and options, hedging against inflation and increasing NOI.
Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises.
Fee simple ownership of the building and land, allowing for potential bonus depreciation benefits.
No landlord responsibilities.

Overview

This property is a gas station with a tenant, Global Partners LP, that has over 10 years remaining on their lease, with three 5-year options to extend. The lease is corporate guaranteed by Global Partners LP, an American energy supply company operating more than 1,600 gas stations across the Northeast. Global Partners LP is a publicly traded company (NYSE: GLP) with an S&P credit rating of B+. The lease includes 1.50% annual rental increases throughout the initial term and options to extend. The tenant is responsible for CAM, taxes, insurance, and all maintenance of the premises. The investor benefits from fee simple ownership of the building and land. The property is 1,647 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Shell Gas Station Food Mart Grocery & Convenience Store

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Location Insight

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Local Demand

City: Levittown
County: Bucks
State: Pennsylvania
Longitude: -74.8563
Latitude: 40.1541

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For sale
Gas stations
PA
Levittown
7011 New Falls Rd

What type of property is this?

Gas station - NNN gas station with corporate-backed lease and rental increases.

Where is this gas station located?

The property is located at 7011 New Falls Rd Levittown, PA.

What is the asking price?

The asking price for this property is $1,855,000.

What are key features of this property?

This property features: Corporate guaranteed lease by Global Partners LP (NYSE: GLP), an American energy supply company with 1,600+ gas stations and an S&P credit rating of B+.; Over 10 years remaining on the lease with 3 (5‑year) options to extend.; Benefit from 1.50% annual rental increases throughout the initial term and options, hedging against inflation and increasing NOI.

7011 New Falls Rd, Levittown, PA

NNN gas station with corporate-backed lease and rental increases.

Property Features for 7011 New Falls Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

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Levittown Retail Building with Drive-Thru

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Levittown Retail Space on Route 13

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