671 Memorial Pky | Phillipsburg, NJ 08865
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671 Memorial Pky
Phillipsburg, NJ 08865
QuickCheck Ground Lease | Murphy USA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- QuickChek, operating 160+ locations across New Jersey and New York, anchors this investment with a 20-year absolute NNN ground lease.
- Tenant assumes all taxes, insurance, maintenance, roof, structure, and parking lot responsibilities, ensuring zero landlord obligations.
- January 2021, Murphy USA Inc. completed its acquisition of QuickChek Corporation in a transaction valued at approximately $645 million
- 8% rental increases every five years through the initial term and five (5) five-year options provide robust income growt
- Corporate-backed lease by QuickChek Corp enhances stability for long-term investor confidence.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,670 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.86 AC
Zoning
B-2 - The B-2 zoning district allows a mix of retail, commercial, and office uses, intended to accommodate businesses that serve the general public.
Parking
53 Spaces (9.35 Spaces per 1,000 SF Leased)
Frontage
339’ on Memorial Parkway
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 19-01003-0000-00004 | Improvements Assessment | $1,265,600 |
| Land Assessment | $889,000 | Total Assessment | $2,154,600 |
PROPERTY TAXES
Parcel Number
19-01003-0000-00004
Land Assessment
$889,000
Improvements Assessment
$1,265,600
Total Assessment
$2,154,600
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