Log In/Sign Up
Your email has been sent.
7-Eleven - Alexandria VA -Washington D.C. MSA 800 Franklin St 2,824 SF Retail Building Alexandria, VA 22314 $5,385,472 CAD ($1,907.04 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 12-Year Lease | Options To Extend | Scheduled 10% Rental Increases | Corporate Signature (S&P: A)
- Minutes from Hoffman Town Center | Strong Tenant Synergy
- Dense Residential Base | Robust Trade Area Demographics
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Minutes from Downtown Alexandria & Washington D.C.
- Exceptional Accessibility | High-Traffic Location
EXECUTIVE SUMMARY
SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in an absolute NNN leased 7-Eleven in Alexandria, Virginia. The tenant, 7-Eleven, Inc., recently executed a brand-new 12-year lease with three (3) additional 5-year renewal options, demonstrating long-term commitment to the site. The lease includes scheduled 10% rental increases every five years throughout the base term and options, driving NOI growth and providing a built-in hedge against inflation. 7-Eleven, Inc. is a wholly owned subsidiary of Seven & I Holdings Co., Ltd. (S&P: A), one of the world’s largest and most financially secure convenience store operators. With no landlord responsibilities, this asset offers a true management-free investment, ideal for passive or out-of-state investors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,824 SF
Building Class
C
Year Built/Renovated
1964/2000
Price
$5,385,472 CAD
Price Per SF
$1,907.04 CAD
Cap Rate
5.25%
NOI
$282,528 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.20 AC
Zoning
CL - Commercial Low
Parking
10 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
74’ on Franklin St
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 080.01-08-01 | Improvements Assessment | $727,388 CAD |
| Land Assessment | $1,626,465 CAD | Total Assessment | $2,353,853 CAD |
PROPERTY TAXES
Parcel Number
080.01-08-01
Land Assessment
$1,626,465 CAD
Improvements Assessment
$727,388 CAD
Total Assessment
$2,353,853 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
7-Eleven - Alexandria VA -Washington D.C. MSA | 800 Franklin St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.