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Branded CITGO Gas Station
For Lease
$6,000/Mo

4761 Old Stage Hwy, Smithfield, VA 23430

Established fuel business with a 10-year lease and branded fuel contract on Old Stage Highway.

Space SizeContact for details
Days on Market54

Property Features for 4761 Old Stage Hwy

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1982
Listing Agency: Reeds Real Estate LLC
Listed By: Pamela Burgos · License #350881
Source: Horakrealtygroup
Added: Jul 9 Changed: Aug 30 Last Checked: Aug 30 at 3:09PM

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 Reeds Real Estate LLC

Investment Insights

Based on property information with market context.

This CITGO-branded gas station was built in 1982 and operates under a 10-year lease paired with a 10-year fuel-branding agreement. The business serves a mix of power plant employees, nearby residents, contractors, and commuters.

The property is located at 4761 Old Stage Hwy in Smithfield, Virginia. Old Stage Highway carries approximately 7,100 vehicles per day, while nearby commercial corridors report daily traffic ranging from 25,000 to 29,000 vehicles. The surrounding customer base includes approximately 50,000 to 56,000 residents within a 10-mile radius.

Key Highlights

  • CITGO‑branded fuel station at 4761 Old Stage Hwy, Smithfield, VA 23430
  • 10‑year lease and 10‑year CITGO branded fuel contract
  • Approximately 7,100 vehicles per day on Old Stage Highway

Property Analytics

Current Use

RUSHMERE FOOD MART Grocery & Convenience Store ATM (Rushmere Food ... Atm Citgo Gas Station

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Hair Salon Bakery Restaurant Food Market

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,188 visits/mo 0.1 miles
Citgo Shops & Services
2,359 visits/mo 0.1 miles

Demographics for 23430, VA

18,232
Population
7,961
Households
2.3
Avg Household Size
47
Median Age
32%
College-Educated
93%
High-School Grad
104.1 sq mi
ZIP Area
175
Density / Sq Mi
$103,580
Median Household Income
$53,070
Median Earnings
$1,162
Median Rent
$347,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Gas station - Established fuel business with a 10-year lease and branded fuel contract on Old Stage Highway.
Where is this gas station located?
The property is located at 4761 Old Stage Hwy Smithfield, VA.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: CITGO‑branded fuel station at 4761 Old Stage Hwy, Smithfield, VA 23430; 10‑year lease and 10‑year CITGO branded fuel contract; Approximately 7,100 vehicles per day on Old Stage Highway
More about this property
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