7-Eleven NNN Retail
7077 George Washington Memorial Hwy, Gloucester, VA 23061
For Sale
Contact for pricing
The convenience retail property is leased to 7-Eleven, Inc. under a triple-net structure.
Property Size2,957 SF
Lot Size0.79 Acres
Price / SF$654.44
Days on Market26
Property Features for 7077 George Washington Memorial Hwy
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Highway Access
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Convenience Store
Building Details
Year Built
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 3:30PM
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.
This 2,957-square-foot convenience retail property was built in 2011 and occupies approximately 0.79 acres. 7-Eleven, Inc. is the tenant under a NNN lease, with the current term scheduled to end on October 31, 2034. Contractual rent increases are set at 10% every five years. The lease also includes two five-year renewal options, each with 10% increases during the option period.
The property is located at 7077 George Washington Memorial Highway in Gloucester, Virginia, with frontage along the highway. Traffic counts are approximately 30,000 vehicles per day. The site is within an established Gloucester trade area, where household incomes exceed $113,000 within three miles.
The property is located at 7077 George Washington Memorial Highway in Gloucester, Virginia, with frontage along the highway. Traffic counts are approximately 30,000 vehicles per day. The site is within an established Gloucester trade area, where household incomes exceed $113,000 within three miles.
Key Highlights
- 7‑Eleven, Inc. tenancy under a NNN lease
- 2,957 SF building on approximately 0.79 acres
- Built in 2011
Property Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
480k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 22%
Superstores 18%
Apparel 9%
Walmart
Superstores
76,424 visits/mo
0.5 miles
Chick-fil-A
Dining
42,702 visits/mo
0.4 miles
T.J. Maxx
Apparel
32,852 visits/mo
0.3 miles
McDonald's
Dining
23,031 visits/mo
0.1 miles
Aldi
Groceries
18,847 visits/mo
0.2 miles
Demographics for 23061, VA
22,256
Population
10,045
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
92%
High-School Grad
158.0 sq mi
ZIP Area
141
Density / Sq Mi
$91,547
Median Household Income
$48,392
Median Earnings
$1,199
Median Rent
$297,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The convenience retail property is leased to 7-Eleven, Inc. under a triple-net structure.
Where is this nnn property located?
The property is located at 7077 George Washington Memorial Hwy Gloucester, VA.
What is the asking price?
The asking price for this property is $1,935,165.
What are key features of this property?
This property features: 7‑Eleven, Inc. tenancy under a NNN lease; 2,957 SF building on approximately 0.79 acres; Built in 2011
