Kroger Fuel Center | Absolute NNN Ground Lease

Highlights:

• 18-pump filling station
• Kroger corporate credit (S&P: BBB)
• Absolute NNN ground lease – no landlord responsibilities
• Part of power center (visible off I-64) featuring Kroger, Dick’s Sporting Goods, Field & Stream, Home Goods, WoodSpring Hotel, Starbuck’s, Arby’s and NTB Tire)
• Easy access directly off of interstate and Battlefield Boulevard (20,708 VPD)

Description:

SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively market for sale the property leased to Kroger Fuel Center located at 1712 Sentinel Drive in Chesapeake, Virginia.

The Kroger Fuel Center at 1712 Sentinel Drive in Chesapeake, VA is an 18-pump filling station affiliated with the Kroger grocery store which co-anchors the Greenbrier Square shopping center, located directly off I-64. Other big and junior box anchors include Field & Stream, Dick’s Sporting Goods, Home Goods, Five Below and Tuesday Morning and Planet Fitness

The Kroger Fuel Center is situated on .867 acre of land nestled between a WoodSpring Suites hotel and two new strip centers featuring Dollar Bank, La Hacienda Mexican Grill, and other local tenants. Outparcels include a freestanding Starbuck’s and Valvoline Instant Oil Change.

The Kroger Fuel Center is backed by a long-term, corporately-guaranteed ground lease (Kroger Limited Partnership I, a wholly-owned subsidiary of Kroger Co.) with approximately 16 years left of initial term plus fifteen, 5-year options.

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