11022 Marsh Rd - Convenience Store FOR SALE


Bealeton, VA 22712
$3,110,000 USD
202-286-1542
11022 Marsh Rd, Bealeton, VA for Sale
$3,110,000 USD
Convenience Store - FOR SALE
1/9
null | 5.65% Cap Rate

11022 Marsh Rd
Bealeton, VA 22712


HIGHLIGHTS

  • 10-mile trade area with 40,500 residents and 18,000 employees, boasting an affluent average household income of $144,356.
  • Close to popular brands like Starbucks, Popeye’s, Arby’s, Sheetz, and more, enhancing consumer draw.
  • Walking distance to 3 schools with over 2,400 students, boosting local foot traffic.
  • Adjacent to Bealeton Village Center (Food Lion-anchored), with nearby national tenants like McDonald's, Walgreens, and Truist Bank.
  • Located at a signalized, hard-corner intersection with 33,000+ vehicles passing daily, offering excellent visibility and multiple access points.

OVERVIEW

• The tenant, 7-Eleven, Inc., has approximately 10 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation • 7-Eleven has over 14,000 locations throughout the world, and continues to be a leader in the gas and convenience store space • Tenant pays for CAM, utilities, insurance and maintains most aspects of the premises • Limited landlord responsibilities include roof and structure • Reimbursed by tenant: Taxes • Ideal, low-management investment for a passive investor • The 7-Eleven is located at the signalized, hard-corner intersection of Catlett Rd and Marsh Rd, combining to average over 33,000 vehicles passing by daily • Marsh Rd is a major retail thoroughfare serving the city of Bealeton • The site benefits from excellent visibility via significant street frontage and multiple points of ingress/egress • The site is adjacent to Bealeton Village Center, which includes an 88,000+ square foot Food Lion anchored center and McDonald’s, Walgreens, and Truist Bank pads • The asset is within walking distance to 3 different schools (Liberty High School, Grace Miller Elementary School, and Cedar Lee Middle School), combining to total over 2,400 students • The property is in the center of a primary retail corridor with other nearby national/credit tenants including Starbucks, Popeye’s, Arby’s, Sheetz, AT&T, Family Dollar, Anytime Fitness, and more, further increasing consumer traffic to the site • Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site • The 10-mile trade area is supported by approximately 40,500 residents and 18,000 employees, providing a direct consumer base from which to draw • Residents within 10 miles of the subject property boast an affluent average household income of $144,356

FOR SALE DETAILS

PRICE

$3,110,000 USD

PRICE/SF

$1,194 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven - Bealeton, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,939 SF

ZONING

C2 R4

APN/PARCEL ID

6899-25-0996-000

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.