7-Eleven | Absolute NNN Lease W/ Double Restaurants | Lexington Park, MD

22606 Three Notch Road, Lexington Park, MD

$7,795,600

Price

5%

Cap Rate

$389,780

NOI

Gallery
Street
Map
Overview
Cap Rate
5%
NOI
$389,780
Building Size
5,000 sqft
Lot Area
3.24 acres
Lease Type
Absolute Net
Year Built
2023
Zoning
Commercial
Lease Expire Year
2/28/2038
Description

**ASSUMABLE DEBT AVAILABLE**
**DOUBLE RESTAURANT AND GAS – Loredo Taco & Roost Chicken

Highlights
  • 15-yr Absolute NNN Lease
  • Zero landlord responsibilities
  • 4-five year options
  • 10% rental increases every 5 years
  • 34,800 average daily traffic
  • Brand new construction with accelerated depreciation benefits
  • Corporate guaranteed by 7-Eleven, Inc. (Investment grade rating A)
Documents
Title
Offering Memorandum
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Location
Gallery