Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + New Jersey  + Retail  | 

Former Fuel and Convenience Store Trades on Busy NJ Commercial Corridor

NAI DiLeo-Bram & Co. (NAIDB) arranged the $4.5-million sale of a former Speedway retail property located at 701 E. Edgar Rd. in Linden, NJ. The transaction was spearheaded by NAIDB VP Jennifer Harrison on behalf of the buyer, Rona 22 LLC, doing business as Fuel One. The seller was Speedway LLC.  

Featuring a 3,650-square-foot, freestanding retail building, the property occupies 1.84 acres along one of the region’s highly trafficked commercial corridors. The site offers visibility for automotive and convenience-based retail services. 

“This transaction underscores the continued strength of the New Jersey retail and fuel-service market,” said Harrison. “Securing a site of this scale along this roadway provides Fuel One with a strategic foothold in a high-demand area. Navigating the complexities of fuel-related real estate requires a deep understanding of site-specific logistics and institutional requirements, and NAIDB is thrilled to have delivered this result for our client.”  

Glenn Beyer of Newmark and Justin Glenn of Excess Space co-represented the seller. The new owner plans to continue operating the property as a fuel and convenience store.

Nominate Commercial Real Estate’s Leading Investment Sales and Leasing Brokers — For the ninth year in a row, Connect CRE will spotlight the industry’s top brokers based on the past year’s achievements. Click here to submit your nominations. 

Read More News Stories About: NAI Global
Connect

Inside The Story

NAIDB's Harrison

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
New call-to-action
New call-to-action