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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

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    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).
    (202) 286-1542
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    Alexandria, VA 22314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    800 Franklin St Alexandria, VA 22314
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