7-Eleven NNN Convenience
639 Colonial Trail E, Surry, VA 23883
For Sale
Contact for pricing
The store occupies a nearly one-acre parcel with direct frontage on Colonial Trail E.
Property Size2,693 SF
Lot Size0.95 Acres
Price / SF$530.77
Days on Market26
Property Features for 639 Colonial Trail E
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Road Access
Convenience Store
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License GA #349355
(404) 504-7893
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 3:27PM
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
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Investment Insights
Based on property information with market context.
A 7-Eleven convenience store occupies a 2,693-square-foot building on approximately 0.95 acres at 639 Colonial Trail E in Surry, Virginia. The property is leased on an NNN basis, with the current term extending through 10/31/2034. Contractual rent increases are set at 10% every five years, with the next adjustment scheduled for 11/1/2029. Two additional five-year renewal options are included, each with a 10% increase during its option period.
The site has direct frontage along Colonial Trail E. The tenant is 7-Eleven, Inc.
The site has direct frontage along Colonial Trail E. The tenant is 7-Eleven, Inc.
Key Highlights
- 2,693 SF convenience store on approximately 0.95 acres
- NNN lease term through 10/31/2034
- 10% rent increases every five years; next scheduled for 11/1/2029
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
8,985 visits/mo
0.0 miles
Dollar General
Shops & Services
4,914 visits/mo
0.1 miles
Dollar Tree
Shops & Services
3,832 visits/mo
0.0 miles
Demographics for 23883, VA
2,169
Population
963
Households
2.3
Avg Household Size
52
Median Age
23%
College-Educated
89%
High-School Grad
52.1 sq mi
ZIP Area
42
Density / Sq Mi
$73,125
Median Household Income
$39,625
Median Earnings
$1,357
Median Rent
$247,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The store occupies a nearly one-acre parcel with direct frontage on Colonial Trail E.
Where is this grocery and convenience store located?
The property is located at 639 Colonial Trail E Surry, VA.
What is the asking price?
The asking price for this property is $1,429,374.
What are key features of this property?
This property features: 2,693 SF convenience store on approximately 0.95 acres; NNN lease term through 10/31/2034; 10% rent increases every five years; next scheduled for 11/1/2029
