6 US-46
Fairfield, NJ 07004
BP Gas Station · Retail Property For Sale

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 thirteen (13) years and nine (9) months 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 over 150,000 and the average household income is approximately $140,000 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.