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Quick Chek | Absolute NNN

Quick Chek | Absolute NNN

533 Atlantic City Blvd, Beachwood, NJ 08722

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PROPERTY DETAILS

Price

$8,680,833

NOI

$520,850

Cap Rate

6.00%

Property Description

Equity CRE is pleased to present the opportunity to acquire a QuickChek convenience store and gas station, available for sale to qualified investors. The asset is secured by an absolute NNN lease, with an initial term extending through May 31, 2041, and six additional 5-year renewal options. The tenant on the lease is QuickChek Corporation, a privately held subsidiary of Murphy USA (NYSE: MUSA), a national fuel and convenience store operator which is rated BB+ by Standard & Poor’s, with over 1,700 locations across 27 states.

Investment Highlights

  • Investment Grade Credit: The tenant on the lease is QuickChek Corporation, a privately held subsidiary of Murphy USA (NYSE: MUSA). Murphy USA is rated BB+ by Standard & Poor’s, with over 1,700 locations across 27 states.
  • Long Term Lease: QuickChek has operated at this location since June 2016, with approximately 16 years remaining on the primary term, followed by six (6) five-year renewal options, offering up to 30 additional years of potential tenancy.
  • Strategic Shore Point Access: This location offers convenient access to the Garden State Parkway and is just minutes from Route 37 in Toms River—a commercial corridor serving popular Jersey Shore destinations including Seaside Heights, Point Pleasant Beach, and Long Beach Island.
  • High Performing Location: According to Placer.ai, this QuickChek location ranks in the 75th percentile nationally in terms of visits, with over 740,000 recorded in the past 12 months.
  • Potential Bonus Depreciation: This fee simple gas station / convenience store may qualify for 100% bonus depreciation under the New Big Beautiful Bill, potentially offering substantial upfront tax advantages. Prospective investors should consult with their tax advisor to determine eligibility and specific tax implications.

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