10520 James Madison Pkwy King George, VA 22485
Freestanding retail building with a strong tenant in King George, VA.
Property size:
3,011 SFLot size:
1.87 AcresProperty Features for 10520 James Madison Pkwy
General Information
- Size
- 3,011 SF
- Lot size
- 1.87 Acres
Source:
Moodyscre
Listing Agent: Andrew Fallon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Location Insight
- Map
- Local Demand
- City
- King George
- County
- King George
- State
- Virginia
- Longitude
- -77.1443344
- Latitude
- 38.2635605
Nearby Similar for Sale
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.