22606 Three Notch Rd - Convenience Store FOR SALE
Lexington Park, MD 20653 |
$7,568,545 USD
412-225-7518
22606 Three Notch Rd
Lexington Park, MD 20653
OVERVIEW
- RARE 18-yr Absolute NNN Lease
- BONUS DEPRECIATION ELIGIBLE
- DOUBLE RESTAURANT CONCEPT - Laredo Taco and Roost Chicken
- Zero Landlord Responsibilities
- 4-Five Year Options
- 10% Rental Increases Every 5 Years
- Brand New Construction with Accelerated
Depreciation Benefits
- Corporate Guaranteed by 7-Eleven, Inc.
(Investment Grade Rating A)
- Rent Commenced 2/11/2023
- Site includes gas – 8 pumps
- 34,800 Average Daily Traffic
FOR SALE DETAILS
PRICE
$7,568,545 USD
PRICE/SF
$1,514 USD /SF
CAP RATE
5.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
18-YEAR INITIAL TERM 7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.25 AC
LAND SF
141,570 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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412-225-7518
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412-225-7518
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