Single-Tenant 7-Eleven NNN
For Sale
Contact for pricing
2122 George Washington Memorial Hwy, Hayes, VA 23072
Absolute NNN lease structure assigns no landlord responsibilities to the owner.
Property Size2,744 SF
Price / SF$288.63
Days on Market9
Property Features for 2122 George Washington Memorial Hwy
General Information
Standard status
Active
Size
2,744 SF
Class
A
Property subtype
Retail
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$39,600
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1969
Tenancy
Single
Listing Agency:
Matthews
(214) 692-2191
Listed By:
Lee Cordova · License #714883
Source:
Crexi
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 4 at 8:05AM
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 Matthews
Investment Insights
Based on property information with market context.
This single-tenant NNN property contains a 2,744-square-foot 7-Eleven convenience store built in 1969. The absolute NNN lease places no landlord responsibilities on the owner and includes three five-year renewal options, with 10% rent increases at the start of each option period.
The property fronts George Washington Memorial Highway, also designated US-17, at a signalized hard corner. Reported traffic volume is approximately 32,277 vehicles per day, supporting direct roadway exposure and access. The surrounding trade area has an average household income of $108,100 and an 80th percentile brand rank. The lease also provides below-market rental rates, creating future leasing flexibility through scheduled rent growth.
The property fronts George Washington Memorial Highway, also designated US-17, at a signalized hard corner. Reported traffic volume is approximately 32,277 vehicles per day, supporting direct roadway exposure and access. The surrounding trade area has an average household income of $108,100 and an 80th percentile brand rank. The lease also provides below-market rental rates, creating future leasing flexibility through scheduled rent growth.
Key Highlights
- 2,744‑square‑foot 7‑Eleven property built in 1969
- Absolute NNN lease with no landlord responsibilities
- Three five‑year renewal options
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Shops & Services 48%
Dining 2%
Food Lion Grocery Store
Groceries
25,036 visits/mo
0.5 miles
Shell
Shops & Services
8,324 visits/mo
0.5 miles
Dollar General
Shops & Services
7,968 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,613 visits/mo
0.1 miles
Pizza Hut
Dining
1,071 visits/mo
0.4 miles
Demographics for 23072, VA
12,312
Population
5,549
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
90%
High-School Grad
35.6 sq mi
ZIP Area
346
Density / Sq Mi
$71,886
Median Household Income
$41,828
Median Earnings
$1,066
Median Rent
$282,500
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 - Absolute NNN lease structure assigns no landlord responsibilities to the owner.
Where is this nnn property located?
The property is located at 2122 George Washington Memorial Hwy Hayes, VA.
What is the asking price?
The asking price for this property is $792,000.
What are key features of this property?
This property features: 2,744‑square‑foot 7‑Eleven property built in 1969; Absolute NNN lease with no landlord responsibilities; Three five‑year renewal options
