6 State Route 46
Fairfield, NJ 07004

Stan Johnson Company is pleased to offer for sale to qualified investors the opportunity to acquire the Ground Lease of a BP Gas Station in Fairfield, New Jersey. The lease is 100% guaranteed by BP p.l.c. The subject property is operating under an absolute NNN lease with approximately eleven (11) years of base lease term remaining, with increases every 5 years. The lease also contains four (4), five (5) year renewal options. The subject property is in an excellent demographic location with a population of over 155,000 and the average household income is approximately $165,000 within a 5-mile radius. The location is also heavily trafficked with over 100,000 VPD. BP p.l.c. is a British multinational oil and gas company headquartered in London, England, United Kingdom. It is the fifth-largest energy company by market capitalization, sixth largest company in the world measured by 2015 revenues, and the fifth-largest oil and gas company measured by 2016 production. Close Proximity to Economic Drivers : The subject property is situated along a highly trafficked thoroughfare in close proximity to economic drivers. The subject property is within 6-miles of the offices of PNY Technologies, Pinacle Foods, and Deloitte. Brand New Construction : The subject property is being upgraded to BP’s newest station prototype. Absolute NNN Lease with Renewal Options : The lease features absolutely no landlord responsibilities and four (4), five (5) year renewal options with 10% rental increases every five (5) years. New Long-Term Lease : The subject property has a 15-year base term lease, with over 11 years remaining. Brand Recognition : BP operates as the fifth-largest energy company in the world and is the sixth-largest overall company in the world. Excellent Location : The subject property located along a major thoroughfare within the Northeast. Strong Demographics within Five (5) Miles : The subject property location features strong demographics. Within a five-mile radius (5), the population is over 154,000 and the average household income is approximately $151,000.