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7-Eleven & Raise the Roost

786 Tinkling Spring Rd, Fishersville, VA 22939

Listing Price: $8,462,215

Cap Rate
4.65%
Tenant Name
7-Eleven
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
4,730
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.19

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a 7-Eleven located at 786 Tinkling Spring Road located in Fishersville, Virginia. The property consists of roughly 4,730 rentable square feet of building space on an estimated 2.30 parcel of land. 7-Eleven is subject to a brand new 15-Year Absolute Triple-Net (NNN) lease. The initial rent is $393,493 annually with 10% increases every 5 years. There are four (4), five (5)-year tenant renewal options, extending the total possible lease term to 35 years.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease
  • A 10% Rental Increases Every Five (5) Years
  • Four , Five -Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Auto Service - Gas-Conv

7-Eleven & Raise the Roost

Listing Price: $8,462,215

Cap Rate
4.65%
Tenant Name
7-Eleven
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
4,730
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.19

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease
  • A 10% Rental Increases Every Five (5) Years
  • Four , Five -Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a 7-Eleven located at 786 Tinkling Spring Road located in Fishersville, Virginia. The property consists of roughly 4,730 rentable square feet of building space on an estimated 2.30 parcel of land. 7-Eleven is subject to a brand new 15-Year Absolute Triple-Net (NNN) lease. The initial rent is $393,493 annually with 10% increases every 5 years. There are four (4), five (5)-year tenant renewal options, extending the total possible lease term to 35 years.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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