1807 Easton Rd Doylestown, PA 18901-2805

This 1,080 sq ft Shell gas station in Doylestown, PA, offers a compelling net lease investment opportunity. Located on a 1.3-acre lot on South Easton Road, this property benefits from high visibility and accessibility, with approximately 39,000 vehicles passing daily. The current lease with Global Partners LP, a publicly traded company (NYSE: GLP) with a B+ credit rating, has 5.7 years remaining, with three 5-year renewal options and 1.5% annual rent bumps. Built in 1988, the property boasts a 5.75% cap rate and a strong NOI of $110,800. The C-1 zoning and strong demographics (50,874 people, $143,147 average household income) further enhance its investment appeal. The property's price per square foot is $1,784.22, and the asking price is $1,926,956. This investment offers significant potential for long-term growth and stability. The lease is a single-tenant NNN lease, providing a passive income stream with minimal management responsibilities. The property's strategic location near the PA-202 and PA-611 interchange ensures consistent customer traffic. The lease's corporate guaranty by Global Partners LP provides added security for investors. This is a turnkey investment opportunity with a proven track record of success.