416 S Commerce Ave Front Royal, VA
Call to check price and availability
NNN leased gas station with stable cash flow.
Type:RETAIL
Property size:
2,400 SFLot size:
0.67 AcresPrice / SF:
$894/SF- Added:
- Dec 11, 2024
- Days on Market:
- 504
- Last Refresh:
- Apr 5 at 11:12 pm
Property Features for 416 S Commerce Ave
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.67 Acres
- Property subtype
- RETAIL
Listing agent Dylan O’Hara (918) 208-1565
Listing office Real Capital Investments (918) 208-1565
Listing date Dec 11, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Real Capital Investments
Overview
Profitable Gas Station Investment Opportunity
This property features a 2,400-square-foot building situated on a 0.68-acre parcel, which includes 25 parking spaces and 6 gas pumps. The site has operated as a convenience store and gas station since its opening in 2000, demonstrating a 23-year successful operating history. The property benefits from high traffic, with more than 26,000 vehicles per day on Commerce Ave (US-552), over 15,000 vehicles per day on John Marshall Hwy (VA-55), and an additional 18,773 vehicles per day on nearby US-340. The property is subject to a corporately guaranteed lease by Speedway (7-Eleven, Inc.), a gas station and convenience store tenant founded in 1952 with over 3,900 locations in 36 states. The lease is an absolute NNN lease with 5 years remaining and two 5-year options to renew. Rental increases occur every 5 years throughout the initial term and option periods.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Speedway
Gas Station
BB&T ATM
Atm
LibertyX Bitcoin ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Front Royal
- County
- Warren
- State
- Virginia
- Longitude
- -78.1841
- Latitude
- 38.912
Nearby Similar for Sale
FAQs
What type of property is this?
Gas station - NNN leased gas station with stable cash flow.
Where is this gas station located?
The property is located at 416 S Commerce Ave Front Royal, VA.
What is the asking price?
The asking price for this property is $2,146,497.
What are key features of this property?
This property features: Corporately Guaranteed Lease by Speedway (7‑Eleven, Inc.); Absolute NNN Lease with Zero Landlord Responsibilities for stable cash flow.; Rental Increases Every 5 Years, offering a strong hedge against inflation.
