533 Atlantic City Blvd, Beachwood, NJ 08722
Price
$8,680,833
NOI
$520,850
Cap Rate
6.00%
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.
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