Absolute NNN Gas Station
For Sale
Contact for pricing
29 Grapevine Road, Martinsburg, WV 25405
2021-built fuel and convenience store with an absolute NNN ground lease and over 14 years remaining.
Property SizeContact for details
Days on Market56
Property Features for 29 Grapevine Road
General Information
Standard status
Active
Property subtype
Retail
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$187,000
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
2021
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BRK.200900214
Source:
Crexi
Added: Jun 15
Changed: Aug 8
Last Checked: Aug 8 at 9:00AM
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 offering presents a Royal Farms ground lease featuring a fuel service station with gas and high-flow diesel, along with a convenience store. The facility was constructed in 2021 and is supported by an absolute NNN ground lease structure. As described in the lease terms, there are 14+ years remaining on the current ground lease, along with two (2) renewal options of 10 years each. The lease also provides for a 10% rent increase every five years throughout the primary term and renewal periods.
The property is located at a signalized intersection of Grapevine Road and Charles Town Road (WV Route 9), identified as the area’s primary commercial and commuter corridor. Positioned along WV Route 9, the site is noted for strong frontage, visibility, and access. Connectivity is further supported by proximity to Interstate 81 and US Route 11, each providing access throughout Martinsburg and the Eastern Panhandle communities.
For buyers seeking a retail-anchored ground lease with an operating fuel-and-convenience use, the asset offers a turnkey investment theme centered on a brand-name convenience store and diesel/gas fueling. The location is also described as convenient to residential neighborhoods and area schools, and it is stated to be near the Martinsburg VA Medical Center and large employers, which may support consistent day-to-day traffic patterns in the immediate area.
The property is located at a signalized intersection of Grapevine Road and Charles Town Road (WV Route 9), identified as the area’s primary commercial and commuter corridor. Positioned along WV Route 9, the site is noted for strong frontage, visibility, and access. Connectivity is further supported by proximity to Interstate 81 and US Route 11, each providing access throughout Martinsburg and the Eastern Panhandle communities.
For buyers seeking a retail-anchored ground lease with an operating fuel-and-convenience use, the asset offers a turnkey investment theme centered on a brand-name convenience store and diesel/gas fueling. The location is also described as convenient to residential neighborhoods and area schools, and it is stated to be near the Martinsburg VA Medical Center and large employers, which may support consistent day-to-day traffic patterns in the immediate area.
Key Highlights
- Royal Farms fuel service and convenience store built in 2021
- Absolute NNN ground lease with 14+ years remaining and two 10‑year renewal options
- Lease structure includes 10% rent increases every five years throughout the primary term and renewals
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Home Improvements & Furnishings 1%
Royal Farms
Shops & Services
21,936 visits/mo
0.1 miles
BP
Shops & Services
18,176 visits/mo
0.2 miles
84 Lumber
Home Improvements & Furnishings
490 visits/mo
0.3 miles
Demographics for 25405, WV
14,294
Population
5,917
Households
2.4
Avg Household Size
38
Median Age
20%
College-Educated
89%
High-School Grad
21.7 sq mi
ZIP Area
659
Density / Sq Mi
$90,962
Median Household Income
$45,563
Median Earnings
$1,549
Median Rent
$254,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - 2021-built fuel and convenience store with an absolute NNN ground lease and over 14 years remaining.
Where is this gas station located?
The property is located at 29 Grapevine Road Martinsburg, WV.
What is the asking price?
The asking price for this property is $3,702,970.
What are key features of this property?
This property features: Royal Farms fuel service and convenience store built in 2021; Absolute NNN ground lease with 14+ years remaining and two 10‑year renewal options; Lease structure includes 10% rent increases every five years throughout the primary term and renewals
