The Boulder Group is pleased to exclusively market for sale a single tenant net leased 7-Eleven property located in Bealeton, Virginia, within the Washington D.C. MSA. The store operates 24/7 and is corporately leased through January 2036. The subject lease is absolute triple net presenting no landlord responsibilities. The lease includes 10% rent increases every ?ve years during the initial term and 7.5% increases during the ?rst three renewal options. As a fuel station asset, the property is eligible for 100% bonus depreciation.
This 2,640 square-foot property is strategically located at a signalized intersection along Marsh Road (20,000 VPD) and Catlett Road (12,000 VPD). The subject property is positioned on an outparcel to a Food Lion-anchored shopping center that draws continual traffic through the corridor. Neighboring retailers include Anytime Fitness, Walgreens, Popeyes, Advance Auto Parts, Truist Bank, Family Dollar, and Subway. Additionally, the property is within walking distance of Liberty High School (1,300 students). This is an affluent area that earns an average household income exceeding $127,000 within one mile of the property.
7-Eleven, Inc. is a global leader in convenience retailing, operating as one of the world’s largest and most recognizable convenience store chains. Founded in 1927 in Dallas, Texas, as an ice company that began selling milk, eggs, and bread, the company evolved into the iconic 7-Eleven brand, named for its extended hours of operation from 7 a.m. to 11 p.m. Today, 7-Eleven operates, franchises, and licenses over 84,000 stores across 19 countries, with a strong presence in the United States, Japan, Thailand, and beyond. Headquartered in Irving, Texas, and owned by Seven & i Holdings Co., Ltd., based in Tokyo, the company is renowned for its innovative approach to convenience, introducing the ?rst self-serve soda fountains, to-go coffee, and the globally famous Slurpee drink.