Newport News Retail for Sale - Oyster Point

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, DriveTime investment property located in Newport News, VA. The tenant, DriveTime Car Sales Company, LLC, has over 5 years of firm term remaining with an additional 4 (5-year) option periods left to extend. The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 2002, DriveTime is among the nation’s largest used car dealerships with over 165 locations

Property Subtype:

Auto Repair

Date on Market:

2026-03-10

Hampton Retail for Sale - Fox Hill

• Dollar Tree has agreed to a 5-year lease to backfill the property after the the expiration of the Walgreens lease in April 2028, bringing the remaining term to over 7 years • The lease features $0.50/SF/YR rental increases at the beginning of each option period • The in-place Walgreens lease is Absolute NNN, allowing for zero landlord obligations until the expiration of their lease in 2028

Property Subtype:

Freestanding

Date on Market:

2026-01-13

Yorktown Retail for Sale - York

Surmount is pleased to present the exclusive listing for a Wendy's located at 4321 George Washington Memorial Hwy, Grafton, VA 23692. The site consists of roughly 2,790 rentable square feet of building space on an estimated 0.9-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 10/29/2012. The current annual rent is $135,917 and has scheduled increases of 5.00% every 5 years.

Property Subtype:

Fast Food

Date on Market:

2025-10-30

Newport News Retail for Sale - Oyster Point

Great investment property in a commercial corridor. Triple Net Lease.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-09-25

Kilmarnock Retail for Sale

One South Commercial is pleased to bring to market the CVS location at 100 James B Jones Memorial Highway in downtown Kilmarnock Virginia. This is a high visibility retail location serving a large-scale region of Virginia’s Chesapeake Bay community. The sale is an absolute net lease opportunity with no annual cost out of the pocket for the owner, with an annual income of $328,350. The property provides a remaining term of 6 years with a seller credit to compensate for the full amount of 3-year rent vacation. CVS HEALTH CVS Health Corporation (NYSE: CVS) operates retail pharmacy and pharmacy benefit management businesses in the United States. The company offers prescription drugs, general merchandise, including over-the-counter drugs, beauty products and cosmetics, seasonal merchandise, greeting cards, convenience foods, and film and photofinishing services. It sells its products through CVS or CVS Pharmacy retail stores, as well as through online retail website CVS.com. The company also offers pharmacy benefit management services, including mail order pharmacy, specialty pharmacy, plan, design, and administration, formulary management, and claims processing services. As of December 31, 2023, it operated 9,395 retail drugstores and 1,204 health care clinics. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1892 and is headquartered in Woonsocket, Rhode Island. On December 31, 2023, CVS Health Corporation reported total revenue of $357.78 billion, net income of $8.34 billion, and a market cap of $101.61 billion. CVS currently holds a Standard & Poor’s credit rating of BBB/Stable.

Property Subtype:

Drug Store

Date on Market:

2025-03-12

Norfolk Retail for Sale - Airport/Northampton

This well-located corporate 7-Eleven is at the signalized corner of Little Creek Road and Old Ocean View Road. The property is across the street from a Super Walmart anchored center and has heavy drive-by exposure from the approximate 25,000 cars that pass by daily. This 24-hour, non-gas store is priced at a 5.5% cap rate based on the May 2026 rental increase. The seller will credit the difference in current rent versus the 2026 rent at closing. The lease is Absolute NNN with 10% rent increases every five years (note that the 2026 rental income is the basis for value and seller will credit the rent differential at closing). With a lease term until April 30, 2031, and two 5-year renewal options, and a very low rent compared for a C-store, this property provides the potential for steady income, long term tenancy (in occupation since ~1981), and future growth. The Lease Commencement Date above is estimated.

Property Subtype:

Convenience

Date on Market:

2025-01-07

Williamsburg Portfolio of properties for Sale - York

Date on Market:

2026-03-27

Saluda Retail for Sale - Gloucester

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 Subtype:

Service Station

Date on Market:

2025-08-21