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Convenience Store For Sale • 2,436 SF
| Value Add Opportunity: ±2,436 SF former 7-Eleven on a±0.3-acre lot with two years of lease term remaining, offering a clear path for repositioning, re |
| Flexible Freestanding Asset: Flexible freestanding asset: ±0.30-acre parcel with on-site parking and a retail-adaptable layout supporting multiple alt |
| Hard signalized corner site: Positioned at the signalized intersection of two major roads offering maximum exposure and convenient access |
| Two year income with upside: Tenant remains responsible for rent throughout the remainder of the lease term, providing stable cash flow while planning |
| Strong Demographics: Over 155,306 residents within 5-mile radius with stable population growth and favorable consumer demographics supporting future r |
| Exit Flexibility: Ideal for investors seeking short-term income with upside potential, as well as developers pursuing a prime redevelopment site at a |
| Cap Rate: | 7.20 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Newport News (Northeast Regional - Amtrak) | 2 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Newport News/Williamsburg International | 18 min | - | 8.7 mi |
| Norfolk International | 36 min | - | 22.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 13 |
| Type: | Surface |
| Included in Rent: | Yes |
Will Rupli
Matthews Real Estate Investment Services
