6 Lodge Ln - Convenience Store FOR SALE


Verona, VA 24482
$2,910,000 USD
202-286-1542
6 Lodge Ln, Verona, VA for Sale
$2,910,000 USD
Convenience Store - FOR SALE
1/8
null | 5.76% Cap Rate

6 Lodge Ln
Verona, VA 24482


HIGHLIGHTS

  • Investment Grade Anchor (S&P: A-) | Early 10-Year Extension | 7-Eleven Ranks in the 95th Percentile (Placer.Ai) | NNN Leases
  • Shadow Anchored by Food Lion (Top 78th Percentile, Placer.Ai) | Nearby National/Credit Tenants | Strong Tenant Synergy
  • Signalized, Hard Corner Intersection | Centralized Location | Direct Access to I-81 (59,000 VPD) | Highway 11 (16,000 VPD)

OVERVIEW

SRS Multi-Tenant Investments is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a two-tenant retail asset featuring 7-Eleven and El Puerto Cantina & Grill, strategically located in Verona, Virginia, (Staunton-Waynesboro MSA). The property consists of two suites totaling 4,678 square feet, situated on a 1.15-acre parcel, offering strong site fundamentals and excellent accessibility. The 7-Eleven is outfitted with eight fuel pumps, while El Puerto Cantina & Grill benefits from a drive-thru, enhancing customer convenience and reinforcing the asset’s e-commerce-resistant, daily-needs orientation. Both tenants operate under leases which are NNN in nature, minimizing landlord responsibilities and limiting expense leakage for a future investor. 7-Eleven has successfully operated at the site for over 13 years and recently executed an early 10-year lease extension, extending its lease term through September 2038. Additionally, El Puerto Cantina & Grill has demonstrated strong commitment to the location by signing a new 5-year lease with one 5-year option to extend. Furthermore, the 7-Eleven lease is signed by the corporate entity, 7-Eleven, Inc. (S&P: A-), an investment-grade tenant with over 13,000 locations nationwide and more than $77 billion in revenue in 2025. Lastly, the subject 7-Eleven ranks in the top 95th percentile of 7-Eleven locations nationwide, per Placer.ai, underscoring the strength of the location and store performance.

FOR SALE DETAILS

PRICE

$2,910,000 USD

PRICE/SF

$620 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven & El Puerto Grill | Verona VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

GB

APN/PARCEL ID

046-55A

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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