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14865 George Washington Memorial Hwy
Saluda, VA 23149

$4,029,000 USD

Service Station For Sale  •  2,490 SF

Property Details

  • Property Type Service Station
  • Total Building Size 2,490 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning B-4
0 Transit Score
6 Walk Score

Highlights

Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
Investment Grade Credit Tenant, Corporate Guarantee | 7-Eleven Credit Rating: A (S&P) and Baa2 (Moody's)
Strong Reported Sales | Speak to Broker
10% Increases Every 5 Years| Significant Lease Term Remaining | Over 10 Years Remaining in Base Term w/ Five; 5-Year Renewal Options
Signalized Corner Location | Glenns Rd & Lewis B Puller Memorial Hwy Intersection Sees Over 8,000 Vehicles Per Day
Demand Drivers Located Nearby | Rappahannock Community College less than 1 mile away

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven

Amenities

  • Security System
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Newport News/Williamsburg International 54 min - 36.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Michael Scali 914-582-8281 SAB Capital
Michael Scali 914-582-8281 SAB Capital