Culpeper, VA - 7-Eleven

Description:

• The tenant, 7-Eleven, Inc., has 10+ years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation
• 7-Eleven has over 14,000 locations throughout the world, and continues to be a leader in the gas and convenience store space

• The site is in close proximity to multiple national/credit tenants including Safeway, Dollar General, Family Dollar, CVS, Walgreens, and more
• The subject property is adjacent to Chevy, Ford, and Toyota dealerships, further increasing consumer traffic to the immediate trade area
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to A.G. Richardson Elementary School (568 students) and Pearl Sample Elementary School (653 students)

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Listing ID: a28TP000001oJ3hYAE