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29 Grapevine Rd
Martinsburg, WV 25405

$3,702,970 USD

Convenience Store For Sale  •  16,000 SF

Property Details

• Property Type Convenience Store
• Total Building Size 16,000 SF
• Lot Size 2.48 AC
• Building Class C
• Year Built 2021
• Tenancy Single

0 Transit Score

30 Walk Score

Highlights

Tenant funded all entitlements, site work, and construction. High basis reduces relocation risk and demonstrates long-term Commitment

The Royal Farms corporate ground lease has 14+ years remaining on their Absolute NNN Ground Lease with two (2), 10-year renewal options.

The ground lease features an attractive 10.0% rent increase every five years throughout the primary lease term and the renewal option periods,

High-flow diesel and DEF pumps capture commercial and truck traffic, which expands revenue streams beyond traditional fuel service convenience retail

Licensed for beer and wine, creating a high-margin revenue stream, expanding the customer base beyond traditional fuel and convenience users.

40,000 vehicles per day pass the Property at the signalized intersection of Charles Town Road (WV Route 9) and Grapevine Road.

Property Flyers

Royal Farms - Martinsburg, WV - OM

Public Transportation

Commuter Rail	Drive	Walk	Distance
Martinsburg W Va Marc (BRUNSWICK - WASHINGTON - Maryland Transit Administration)	4 min	-	2.3 mi
Martinsburg (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC))	5 min	-	2.3 mi
Airport	Drive	Walk	Distance
Hagerstown Regional/Richard A Henson Field	35 min	-	27.3 mi