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7-Eleven | New 15-Year NNN Lease

20061 Timberlake Rd, Lynchburg, VA 24502

Listing Price: $5,629,889

Cap Rate
4.50%
Tenant Name
7-Eleven
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
4,088
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$61.97

Investment Overview

7-Eleven is positioned immediately across Timberlake Road from a high-performing Lowe’s Home Improvement. According to Placer.ai geofencing data, this Lowe’s location ranks in the top 7 percent of the entire chain nationwide in terms of customer visits with 1.19 million per year.

Investment Highlights

  • New 15-Year NNN Lease - Fee Simple Offering with Appeal of Depreciation Benefits
  • 10% Rental Increases Every Five Years
  • Prominent Corner Parcel (39,000 VPD) Across from High-Performing Lowe's; Top 7% Store in The Nation

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Auto Service - Gas-Conv

7-Eleven | New 15-Year NNN Lease

Listing Price: $5,629,889

Cap Rate
4.50%
Tenant Name
7-Eleven
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
4,088
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$61.97

Investment Highlights

  • New 15-Year NNN Lease - Fee Simple Offering with Appeal of Depreciation Benefits
  • 10% Rental Increases Every Five Years
  • Prominent Corner Parcel (39,000 VPD) Across from High-Performing Lowe's; Top 7% Store in The Nation

Investment Overview

7-Eleven is positioned immediately across Timberlake Road from a high-performing Lowe’s Home Improvement. According to Placer.ai geofencing data, this Lowe’s location ranks in the top 7 percent of the entire chain nationwide in terms of customer visits with 1.19 million per year.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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