7364 Martinsburg Pike - Convenience Store FOR SALE


Shepherdstown, WV 25443
$3,953,714 USD
513-300-0763
7364 Martinsburg Pike, Shepherdstown, WV for Sale
$3,953,714 USD
Convenience Store - FOR SALE
1/2
null | 5.25% Cap Rate

7364 Martinsburg Pike
Shepherdstown, WV 25443


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Qualifies for Bonus Depreciation
  • Long Term, Absolute Triple Net (NNN) Lease
  • Proximity to Academic Institutions

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a 7-Eleven located at 7364 Martinsburg Pike, Shepherdstown, WV 25443. The site consists of roughly 2,500 rentable square feet of building space on an estimated 0.91-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 1/4/2021. The current annual rent is $207,570* and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$3,953,714 USD

PRICE/SF

$1,498 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

GC

APN/PARCEL ID

09-7B-00970000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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