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10520 James Madison Pkwy King George, VA 22485

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For Sale
$4,350,000

Freestanding retail building with a strong tenant in King George, VA.

Property size:
3,011 SF
Lot size:
1.87 Acres

Property Features for 10520 James Madison Pkwy

General Information

Size
3,011 SF
Lot size
1.87 Acres

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Listing Contact
Andrew Fallon
Source: Moodyscre

Listing Agent: Andrew Fallon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Freestanding Retail Building For Sale

This 3,011 square foot retail property is for sale, offering an ideal, low-management investment opportunity. The tenant, 7-Eleven, is responsible for CAM, taxes, insurance, and some premises maintenance, making it suitable for a passive investor. Landlord responsibilities are limited to roof and structure, which are covered by a roof warranty. The lease includes a 10.82% rental increase in 2030 and 10% increases at the beginning of each option period, providing steadily growing NOI and hedging against inflation. 7-Eleven has over 13,000 locations and is a premier name in the U.S. convenience-retailing industry. The property is located at 10520 James Madison Pkwy, King George, VA.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
King George
County
King George
State
Virginia
Longitude
-77.1443344
Latitude
38.2635605

FAQs

What type of property is this?
Grocery and convenience store - Freestanding retail building with a strong tenant in King George, VA.
Where is this grocery and convenience store located?
The property is located at 10520 James Madison Pkwy King George, VA.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: - Steadily growing Net Operating Income (NOI) due to rental increases in 2030 and at the beginning of each option period.; - Tenant is 7-Eleven, a premier and well-known convenience store chain with over 13,000 locations in the U.S.; - Ideal, low-management investment suitable for passive investors.
More about this property
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