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800 Franklin St Alexandria, VA 22314

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For Sale
$3,860,000

NNN leased 7-Eleven in Alexandria, Virginia with long-term commitment.

Property size:
2,824 SF
Lot size:
0.20 Acres

Property Features for 800 Franklin St

General Information

Size
2,824 SF
Lot size
0.20 Acres

Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

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


Overview

7-Eleven NNN Lease Investment

This property features a fee simple interest in an absolute NNN leased 7-Eleven located in Alexandria, Virginia. The tenant, 7-Eleven, Inc., has recently executed a new 12-year lease, which includes three additional 5-year renewal options. The lease provides for 10% rental increases every five years throughout the base term and option periods. The property is 2824 square feet. 7-Eleven, Inc. is a wholly owned subsidiary of Seven & I Holdings Co., Ltd. (S&P: A). The asset is a management-free investment.
Location Intelligence

Current Use by Public Records

Amazon Locker - Astrid Mailing Service 7-Eleven Convenience Store

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

Similar Places Nearby

Safeway

Location Insight

  • Map
  • Local Demand
City
Alexandria
County
Fairfax
State
Virginia
Longitude
-77.0498913
Latitude
38.7980596

FAQs

What type of property is this?
Grocery and convenience store - NNN leased 7-Eleven in Alexandria, Virginia with long-term commitment.
Where is this grocery and convenience store located?
The property is located at 800 Franklin St Alexandria, VA.
What is the asking price?
The asking price for this property is $3,860,000.
What are key features of this property?
This property features: - Absolute NNN lease with zero landlord responsibilities.; - Brand new 12-year lease with 7-Eleven, Inc.; - Corporate guarantee from 7-Eleven, Inc. (S&P: A).
More about this property
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