Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a 7-Eleven Ground Lease located at 1729 S Military Highway in Chesapeake, Virginia (the “Property”). 7-Eleven has been at the Property since it was constructed in 2000 and has executed two lease extensions, demonstrating their commitment to the site and market. 7-Eleven has 5+ years of term remaining, followed by two (2) five (5)-year renewal options. The lease calls for attractive 10% rent increases at the start of each renewal option. The Property is strategically located at the signalized intersection of S Military Highway (US Route 13 Business), a major commercial corridor serving Chesapeake and the greater Hampton Roads region. The site offers outstanding visibility, convenient access, and strong traffic volumes, with close proximity to Interstate 64, Interstate 464, Interstate 664, US Route 17, and US Route 58. The surrounding area is supported by a diverse mix of residential communities, retail centers, industrial employers, and military installations, including nearby Naval Station Norfolk and the Port of Virginia, which generate consistent commuter and consumer traffic. Additionally, Chesapeake Regional Medical Center, Tidewater Community College, and numerous distribution and logistics facilities contribute to a stable customer base. This prime location provides the accessibility, visibility, and surrounding demand that make it well-suited for a convenience store and fuel station, supporting consistent patronage from local residents, employees, and travelers.