7-Eleven

Highlights:

• Investment Grade Tenant – Lease Guaranteed by 7-Eleven, Inc. (S&P: AA-) – The World’s Largest Convenience Retailer with 71,000+ Locations Globally
• Recent 15-Year Lease Extension – Demonstrates Tenant Confidence and Long-Term Commitment to the Site
• ±7 Years Remaining on Primary Term – Stable, Predictable Income Stream
• Absolute NNN Lease – No Landlord Responsibilities
• Cost-Segregation–Friendly Asset with Potential Bonus Depreciation—Driving Materially Higher After-Tax Yield - Confirm with CPA
• 10% Rental Increases Every 5 Years During Base Term and Option Periods – Three (3), 5-Year Options
• Strong Operating History – Site Has Functioned as a Convenience Store for Over 35 Years
• 24/7 Operations + Diesel — Captures Commuters, Trades, and Seasonal/Recreation Traffic to Middle Peninsula/Bay
• Fronts Gloucester’s East–West Spine (VA-14/John Clayton Memorial Hwy). VA-14 is the Main East–West Highway of Gloucester County and Connects County Seats Across the Middle Peninsula—This Site Sits on the Everyday Commuter Path, Not a Side Street
• Proven Fuel Corner at VA-14 & Crab Thicket — Feeder to US-17 - Part of the 1.7M-Population Hampton Roads MSA. Gloucester is within the Virginia Beach–Norfolk–Newport News Metro, Expanding the Employer and Commuter Catchment Beyond the Immediate County
• High Surrounding Household Income – Average Over $113,348 Within 3 Miles
• Proximity to Key Community Anchors – Near Gloucester High School, Botetourt Elementary, and Riverside Walter Reed Hospital
• Positioned Within the Virginia Beach-Norfolk-Newport News MSA – One of the Fastest-Growing Regions in Virginia
• Low-Density Market with Limited Competition - Ideal for Long-Term Retention
• Strong Local Economy – Supported by Healthcare, Education & Marine Science Industries
• Surrounded by Complementary Retail – Including Walmart, Home Depot, ALDI, and T.J. Maxx at Nearby Fox Mill Centre
• VA-14 is the Gateway to River/Bay Recreation (Mathews County, Gwynn’s Island), Boosting Weekend and Summer Gallons and Inside Sales

Description:

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The property is ideally situated in Gloucester, Virginia, a vibrant and steadily growing community that serves as the commercial hub of the Middle Peninsula. Gloucester offers an appealing blend of small-town charm and modern convenience, making it a prime location for retail investment and business growth.

The area benefits from strong local demographics, consistent traffic, and a mix of national and regional retailers that draw steady consumer activity. Major nearby points of interest include Riverside Walter Reed Hospital, Gloucester High School, and the bustling Gloucester Courthouse Village, which features a variety of shops, restaurants, and service-oriented businesses. Route 17, the region’s main commercial corridor, runs through the area and provides seamless connectivity to Yorktown, Newport News, and the greater Hampton Roads market.

The location also enjoys proximity to recreational attractions such as Beaverdam Park and the Ware River, which enhance the area’s livability and community appeal. With a stable local economy, strong employment base, and steady residential growth, Gloucester offers an excellent environment for long-term retail success and investment stability.

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