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7-Eleven | 12+ Years Remain | Depreciation Opportunity | Washington, D.C. MSA

883 N Main St, Culpeper, VA 22701

Listing Price: $2,700,000

Cap Rate
4.26%
Tenant Name
7-Eleven
Years Remaining On Lease
12.2
Guarantor
Corporate Guarantee
Rentable SF
2,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.23

Investment Overview

The Tenant, 7-Eleven, Inc., has more than 12 years remaining on a 15-year corporate NNN* lease which allows for depreciation benefits and limited landlord responsibilities. The lease features 10 percent rental increases every five years during the base term and three, five-year option periods. (*Landlord has structure responsibilities).

Investment Highlights

  • Fee Simple Ownership; Eligible for Potential Depreciation Benefits
  • 10 Percent Rental Increases Every Five Years
  • Rapidly Growing D.C. Bedroom Community

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 | 12+ Years Remain | Depreciation Opportunity | Washington, D.C. MSA

Listing Price: $2,700,000

Cap Rate
4.26%
Tenant Name
7-Eleven
Years Remaining On Lease
12.2
Guarantor
Corporate Guarantee
Rentable SF
2,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.23

Investment Highlights

  • Fee Simple Ownership; Eligible for Potential Depreciation Benefits
  • 10 Percent Rental Increases Every Five Years
  • Rapidly Growing D.C. Bedroom Community

Investment Overview

The Tenant, 7-Eleven, Inc., has more than 12 years remaining on a 15-year corporate NNN* lease which allows for depreciation benefits and limited landlord responsibilities. The lease features 10 percent rental increases every five years during the base term and three, five-year option periods. (*Landlord has structure responsibilities).

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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