$2,124,000 USD
202-286-1542
HIGHLIGHTS
- 5+ Years Remaining | Recent Extension | Scheduled Rental Increases | Established Brand
- NNN Lease | Fee Simple | Limited Landlord Responsibilities
- Ground Floor Retail Condo | Easy Ownership | Dense In-Fill Corridor
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools & Medical Center
- Strong Demographics in 5-mile Trade Area | Direct Consumer Base
- Signalized, Hard Corner Intersection | Excellent Visibility
OVERVIEW
• The tenant recently extended their lease and now has 5+ years remaining with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features a 10% rental increases at beginning of each option
• Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada
FOR SALE DETAILS
PRICE
$2,124,000 USD
PRICE/SF
$708 USD /SF
CAP RATE
5.65%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven - Washington D.C.
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
3,000 SF
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.03 AC
LAND SF
1,307 SF
ZONING
MU-4
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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202-286-1542
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202-286-1542
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