ARKO Gas Station NNN
For Sale
Contact for pricing
4623 South Amherst Highway, Madison Heights, VA 24572
Single-site ARKO gas station offered with a 12-year triple net lease in place since June 21, 2023.
Property Size1,922 SF
Lot Size0.85 Acres
Days on Market115
Property Features for 4623 South Amherst Highway
General Information
Standard status
Active
Size
1,922 SF
Lot size
0.85 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
Listed By:
Daniel Price · License #10401300635
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 2:42PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Surmount presents an ARKO gas station at 4623 South Amherst Highway in Madison Heights, VA. The property includes approximately 1,922 rentable square feet of building space on an estimated 0.845-acre parcel. The site is subject to a 12-year Triple Net (NNN) lease that commenced on 6/21/2023.
The current annual rent is $100,830, with scheduled 1.50% annual increases. This offering is structured around the in-place lease terms and provides a stabilized, NNN investment profile.
The property is operated as an ARKO-branded fueling location under the existing lease arrangement, with the lease scheduled to run for the stated 12-year term beginning June 21, 2023.
The current annual rent is $100,830, with scheduled 1.50% annual increases. This offering is structured around the in-place lease terms and provides a stabilized, NNN investment profile.
The property is operated as an ARKO-branded fueling location under the existing lease arrangement, with the lease scheduled to run for the stated 12-year term beginning June 21, 2023.
Key Highlights
- Single‑site ARKO gas station at 4623 S Amherst Hwy, Madison Heights, VA 24572
- ~1,922 rentable SF building on an estimated 0.845‑acre parcel
- 12‑year Triple Net (NNN) lease in place; commenced 6/21/2023
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
98k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 22%
Superstores 13%
Groceries 13%
Starbucks
Dining
14,127 visits/mo
0.3 miles
Big Lots
Superstores
12,869 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
12,391 visits/mo
0.5 miles
Speedway
Shops & Services
9,183 visits/mo
0.3 miles
Arby's
Dining
8,600 visits/mo
0.3 miles
Demographics for 24572, VA
16,399
Population
7,415
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
66.3 sq mi
ZIP Area
247
Density / Sq Mi
$64,158
Median Household Income
$41,732
Median Earnings
$837
Median Rent
$187,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-site ARKO gas station offered with a 12-year triple net lease in place since June 21, 2023.
Where is this nnn property located?
The property is located at 4623 South Amherst Highway Madison Heights, VA.
What are key features of this property?
This property features: Single‑site ARKO gas station at 4623 S Amherst Hwy, Madison Heights, VA 24572; ~1,922 rentable SF building on an estimated 0.845‑acre parcel; 12‑year Triple Net (NNN) lease in place; commenced 6/21/2023
