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Leased Gas Station with NNN Lease
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8902 Lee Hwy, Fairfax, VA 22031

Arko gas station offered for sale with a 20-year absolute triple-net lease in place.

Property Size1,345 SF
Lot Size1.32 Acres
Days on Market144

Property Features for 8902 Lee Hwy

General Information

Standard status Active
Size 1,345 SF
Lot size 1.32 Acres
Property subtype Retail
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #BR691523000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty

Investment Insights

Based on property information with market context.

This Arko gas station consists of an estimated 1,345 rentable square feet of building space on an estimated 1.32-acre parcel. The property is leased under a 20-year absolute triple-net (NNN) structure that commenced July 22, 2022.

The current annual rent is $138,047, with scheduled 2% annual increases throughout the base term and in each of the six 5-year renewal options. The listing is presented as an exclusive opportunity subject to the existing lease terms.

Key Highlights

  • Arko gas station for sale at 8902 Lee Highway, Fairfax, VA
  • 20‑year absolute triple‑net (NNN) lease in place, commenced July 22, 2022
  • Estimated 1,345 rentable SF building on an estimated 1.32‑acre parcel

Property Analytics

Current Use

Quarles Fleet Fueling Gas Company

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 59% Shops & Services 25% Dining 16%
Safeway Groceries
40,775 visits/mo 0.5 miles
Starbucks Dining
9,180 visits/mo 0.5 miles
7-Eleven Shops & Services
9,169 visits/mo 0.4 miles
Exxon Shops & Services
5,567 visits/mo 0.3 miles
Domino's Pizza Dining
1,885 visits/mo 0.5 miles

Demographics for 22031, VA

35,256
Population
15,390
Households
2.3
Avg Household Size
36
Median Age
72%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,966
Density / Sq Mi
$129,743
Median Household Income
$74,178
Median Earnings
$2,267
Median Rent
$710,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Arko gas station offered for sale with a 20-year absolute triple-net lease in place.
Where is this gas station located?
The property is located at 8902 Lee Hwy Fairfax, VA.
What are key features of this property?
This property features: Arko gas station for sale at 8902 Lee Highway, Fairfax, VA; 20‑year absolute triple‑net (NNN) lease in place, commenced July 22, 2022; Estimated 1,345 rentable SF building on an estimated 1.32‑acre parcel
(888) 737-2264 Call to check price and availability
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