7-Eleven Glen Allen, VA

11263 Washington Highway
Glen Allen, VA

Price: $6,221,000
Cap Rate: 4.70%
NOI: $292,391
Building Size: Approx. 4,050 Sq. Ft.
Lot Size: Approx. 2.38 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,050+/- SF Building on 2.38+/- Acre Site
  • Brand New Build-to-Suit Absolute NNN Lease w/ 10% Rent Bumps Every 5 yrs
  • Strategically Located Along Washington Highway / US-1 (31K VPD)
  • Near Subway, Dunkin’, Wendy’s, Walmart, Bass Pro Shops, CVS, Domino’s
  • Subject Property will Feature High Speed Diesel Dispensers
  • Strong Income Demos with $114,451 within a 5-mile Radius
  • Glen Allen  |  10 Minutes from Downtown Richmond  |  Population: 16K+