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416 S Commerce Ave Front Royal, VA 22630

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For Sale
$2,146,497

NNN leased gas station with stable cash flow.

Property size:
2,400 SF
Lot size:
0.67 Acres

Property Features for 416 S Commerce Ave

General Information

Size
2,400 SF
Lot size
0.67 Acres

Source: Real Capital Investments Agent Dylan O’Hara

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


Overview

Profitable Gas Station Investment Opportunity

This property features a 2,400-square-foot building situated on a 0.68-acre parcel, which includes 25 parking spaces and 6 gas pumps. The site has operated as a convenience store and gas station since its opening in 2000, demonstrating a 23-year successful operating history. The property benefits from high traffic, with more than 26,000 vehicles per day on Commerce Ave (US-552), over 15,000 vehicles per day on John Marshall Hwy (VA-55), and an additional 18,773 vehicles per day on nearby US-340. The property is subject to a corporately guaranteed lease by Speedway (7-Eleven, Inc.), a gas station and convenience store tenant founded in 1952 with over 3,900 locations in 36 states. The lease is an absolute NNN lease with 5 years remaining and two 5-year options to renew. Rental increases occur every 5 years throughout the initial term and option periods.
Insight Report Location Intelligence

Current Use by Public Records

Speedway Gas Station BB&T ATM Atm LibertyX Bitcoin ATM Atm

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Front Royal
County
Warren
State
Virginia
Longitude
-78.1841045
Latitude
38.9119647

FAQs

What type of property is this?
Gas station - NNN leased gas station with stable cash flow.
Where is this gas station located?
The property is located at 416 S Commerce Ave Front Royal, VA.
What is the asking price?
The asking price for this property is $2,146,497.
What are key features of this property?
This property features: - Corporately Guaranteed Lease by Speedway (7-Eleven, Inc.); - Absolute NNN Lease with Zero Landlord Responsibilities for stable cash flow.; - Rental Increases Every 5 Years, offering a strong hedge against inflation.
More about this property
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