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7-Eleven | 9+ Years Remain | Early Lease Extension

900 Aberdeen Rd, Hampton, VA 23666

Listing Price: $2,497,437

Cap Rate
4.75%
Tenant Name
7-Eleven
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
3,316
Lease Type
NNN Ground Lease
Rent Per Square Feet
$35.77

Investment Overview

The property is strategically positioned just outside of the main industrial corridor of Hampton, with key industries of advanced manufacturing, aerospace and homeland defense. The 0.85-acre parcel is located at the signaled intersection of Briarfield Road and Aberdeen Road, which average a combined 27,000 vehicles per day. The Property is directly across the street from a 62,277-square-foot Post Office facility, one of the largest in the area, and adjacent to Family Dollar and Dollar Tree locations. These drivers add significant traffic to the corridor and help support 7-Eleven’s customer base.

Investment Highlights

  • 10-Year Term Investment-Grade Credit
  • Early Lease Renewal
  • 10 Percent Rental Increases Every 5 Years

Exclusively Listed By

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 | 9+ Years Remain | Early Lease Extension

Listing Price: $2,497,437

Cap Rate
4.75%
Tenant Name
7-Eleven
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
3,316
Lease Type
NNN Ground Lease
Rent Per Square Feet
$35.77

Investment Highlights

  • 10-Year Term Investment-Grade Credit
  • Early Lease Renewal
  • 10 Percent Rental Increases Every 5 Years

Investment Overview

The property is strategically positioned just outside of the main industrial corridor of Hampton, with key industries of advanced manufacturing, aerospace and homeland defense. The 0.85-acre parcel is located at the signaled intersection of Briarfield Road and Aberdeen Road, which average a combined 27,000 vehicles per day. The Property is directly across the street from a 62,277-square-foot Post Office facility, one of the largest in the area, and adjacent to Family Dollar and Dollar Tree locations. These drivers add significant traffic to the corridor and help support 7-Eleven’s customer base.

Exclusively Listed By

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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