1655 Washington St - Convenience Store FOR SALE


Bolivar, WV 25425
$2,500,000 USD
858-900-3112
1655 Washington St, Bolivar, WV for Sale
$2,500,000 USD
Convenience Store - FOR SALE
1/4
null | 6% Cap Rate

1655 Washington St
Bolivar, WV 25425


OVERVIEW

LONG-TERM ABSOLUTE NNN LEASE Over 10 years remaining on the lease term followed by two (2), 5-year renewal options. ESTABLISHED LOCATION 7-Eleven has more than 40 years of successful operating history at this location. RECENT LEASE EXTENSION Demonstrates tenant’s commitment to and performance at this location. CORPORATE LEASE GUARANTY WITH INVESTMENT-GRADE CREDIT The lease is corporately guaranteed by 7-Eleven, the largest convenience store chain in the world with over 84,500 locations, currently holding an Investment-Grade Standard & Poor’s Credit Rating of “A.” PASSIVE OWNERSHIP ASSET EASY TO MANAGE Absolute triple net lease with zero landlord responsibilities. RECESSION-PROOF AND E-COMMERCE RESISTANT 7-Eleven is a “Recession-Proof” tenant and e-commerce resistant. STEPS FROM HARPERS FERRY & BOLIVAR HEIGHTS BATTLEFIELD Ideally situated between two major tourist destinations—Harpers Ferry National Historical Park (±427,317 annual visitors) to the east and Bolivar Heights Battlefield (300,000+ annual visitors) to the west. Bolivar Heights is a prominent Civil War site, historically significant for its strategic vantage point overlooking Harpers Ferry. To the east, Harpers Ferry National Historical Park is celebrated for its rich heritage and scenic landscapes. Key attractions include John Brown’s Fort, Jefferson Rock, and the Appalachian Trail Conservancy Headquarters, as the Appalachian Trail runs directly through the town. GREAT ACCESS, FRONTAGE, AND VISIBILITY Situated at the corner of W Washington Street and Paul Courtney Drive, with ±115' feet of frontage and multiple points of direct access. STRATEGIC LOCATION The property is located ±60 miles northwest of Washington, D.C. and ±40 miles from Washington Dulles International Airport (IAD) seeing over 27 million annul passengers. ----------------------- WV Broker of Record: Alex Everest Broker of Record Solutions, Inc. 404.713.8008 alex@mybrokerofrecord.com Firm License: #010163-00 Broker License: #WVB220300806

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,136 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven | 40+ Yrs at this Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C-1

APN/PARCEL ID

01-4-00290000

ASK ABOUT THIS PROPERTY

Arbi GoceCIRE PartnersMore Info
858-900-3112

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Arbi GoceCIRE PartnersMore Info
858-900-3112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.