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7-Eleven NNN Retail Property

4455 John Tyler Highway, Williamsburg, VA 23185

For Sale
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The convenience store is leased to 7-Eleven under an absolute NNN agreement through October 2034.

Property Size1,976 SF
Lot Size0.75 Acres
Price / SF$2,337
Days on Market26

Property Features for 4455 John Tyler Highway

General Information

Standard status Active
Size 1,976 SF
Lot size 0.75 Acres
Property subtype Retail
Net Operating Income $265,535

Financials

Asking Price $4,618,000
Cap Rate 5.75%

Site & Location

Traffic Count 11,000 vehicles/day
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants 7-Eleven, Inc.
Real Estate Included Yes

Additional Details

Convenience Store Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License GA #349355
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 2:53PM

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 CBRE - Atlanta

Rey
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Investment Insights

Based on property information with market context.

The 1,976-square-foot convenience store occupies a 0.75-acre parcel at 4455 John Tyler Highway. 7-Eleven, Inc. leases the property under an absolute NNN structure through 10/31/2034. Contract terms provide for 10% rent increases every five years, with the next scheduled for 11/1/2029, and two additional five-year renewal options that include 10% increases during each option period.

The property fronts John Tyler Highway, where traffic exposure is approximately 11,000 vehicles per day. Average household income exceeds $142,000 within one mile and $155,000 within three miles.

Key Highlights

  • 1,976‑square‑foot convenience store on a 0.75‑acre parcel
  • Absolute NNN lease with 7‑Eleven, Inc. through 10/31/2034
  • 10% rent increases every five years; next increase scheduled for 11/1/2029

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

7-Eleven Grocery & Convenience Store Western Union Bank Redbox Cinema

Suggested Use

Top Pick Restaurant Auto Repair Shop Real Estate Agency Dental Office Law Firm Auto Parts Store

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

Lease Details

11,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Dining 31% Shops & Services 22% Home Improvements & Furnishings 2%
Harris Teeter Groceries
27,450 visits/mo 0.1 miles
McDonald's Dining
18,421 visits/mo 0.1 miles
7-Eleven Shops & Services
11,005 visits/mo 0.1 miles
BP Shops & Services
2,111 visits/mo 0.1 miles
City Electric Supply Home Improvements & Furnishings
997 visits/mo 0.3 miles

Demographics for 23185, VA

51,566
Population
22,879
Households
2.3
Avg Household Size
40
Median Age
52%
College-Educated
94%
High-School Grad
57.2 sq mi
ZIP Area
902
Density / Sq Mi
$103,507
Median Household Income
$40,724
Median Earnings
$1,425
Median Rent
$413,500
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
NNN property - The convenience store is leased to 7-Eleven under an absolute NNN agreement through October 2034.
Where is this nnn property located?
The property is located at 4455 John Tyler Highway Williamsburg, VA.
What is the asking price?
The asking price for this property is $4,618,000.
What are key features of this property?
This property features: 1,976‑square‑foot convenience store on a 0.75‑acre parcel; Absolute NNN lease with 7‑Eleven, Inc. through 10/31/2034; 10% rent increases every five years; next increase scheduled for 11/1/2029
(404) 504-7893 Call to check price and availability
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