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7-Eleven 14865 George Washington Memorial Hwy 2,490 SF Retail Building Saluda, VA 23149 $5,524,404 CAD ($2,218.64 CAD/SF) 5.50% Cap Rate

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Investment Highlights

  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
  • Strong Reported Sales | Speak to Broker
  • Signalized Corner Location | Glenns Rd & Lewis B Puller Memorial Hwy Intersection Sees Over 8,000 Vehicles Per Day
  • Investment Grade Credit Tenant, Corporate Guarantee | 7-Eleven Credit Rating: A (S&P) and Baa2 (Moody's)
  • 10% Increases Every 5 Years| Significant Lease Term Remaining | Over 10 Years Remaining in Base Term w/ Five; 5-Year Renewal Options
  • Demand Drivers Located Nearby | Rappahannock Community College less than 1 mile away

Executive Summary

SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased 7-Eleven located in Saluda, Virginia. This exceptional investment is secured by an absolute triple net (NNN) lease with over 10 years of remaining term along with 10% increases every 5 years and five 5-year options.
7-Eleven currently operates roughly 12,500 locations in the USA and is the world's largest convenience store operator. With an A credit rating from S&P and a Baa2 rating from Moody's, 7-Eleven is considered an investment grade tenant.
Strategically located in Saluda, the property benefits from superior visibility, signage and access with traffic counts exceeding 8,000 vehicles per day. The nearby surrounding area includes Shell, BP and a demand driver in Rappahannock Community College less than 1 mile away.
With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,490 SF
Building Class
C
Year Built
1978
Price
$5,524,404 CAD
Price Per SF
$2,218.64 CAD
Cap Rate
5.50%
NOI
$303,842 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
B-4
Parking
14 Spaces (5.62 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

En 1927, 7-Eleven a montré au monde entier à quel point les achats pouvaient être pratiques — et ils le font tous les jours depuis. Aujourd'hui, 7-Eleven est une marque mondiale comptant plus de magasins que tout autre détaillant au monde. 7-Eleven, Inc. exploite maintenant une solide famille de bannières et de marques, dont des magasins Speedway®, Stripes®, Laredo Taco Company® et Raise the Roost® Chicken and Biscuits partout aux États-Unis. La marque a également une histoire de premières : café dans des tasses à emmener, 24 heures sur 24 et 7 jours sur 7 et fontaines à soda en libre-service, pour n'en nommer que quelques-uns. Sans oublier les produits emblématiques — comme les boissons Slurpee® et Big Gulp® — qui font désormais partie de la culture américaine. En tant que plus grand détaillant de proximité au monde, 7-Eleven a également contribué à la création du modèle de franchise et est maintenant régulièrement classé parmi les 10 meilleurs franchiseurs — un véritable témoignage de leur esprit d'entreprise. Bien qu'ils aient connu une croissance importante au fil des ans, ils restent concentrés sur l'innovation pour répondre aux besoins des clients.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
15132
Land Assessment
$855,618 CAD
Improvements Assessment
$651,246 CAD
Total Assessment
$1,506,864 CAD
  • Listing ID: 37363956

  • Date on Market: 2025-08-21

  • Last Updated:

  • Address: 14865 George Washington Memorial Hwy, Saluda, VA 23149

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