ARKO Gas Station NNN
4623 South Amherst Highway Madison Heights, VA 24572
For Sale
Contact for pricing
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 Market91
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: Jul 23
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
Location Intelligence
Current Use by Public Records
Apple Market
Grocery & Convenience Store
bp
Gas Station
Western Union
Bank
Smoke Stack Tobacco ...
(Bike/Boat/Book/etc) Store
FAQs
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