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Sheetz NNN Ground Lease
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7500 Staples Mill Rd, Richmond, VA 23228

Newly constructed convenience retail property with fueling, indoor and outdoor seating, and drive-thru service.

Property Size6,139 SF
Price / SF$1,002
Days on Market158

Property Features for 7500 Staples Mill Rd

General Information

Standard status Active
Size 6,139 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $320,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Marcus & Millichap - Washington, D.C.
Listed By: Dean Zang · License #MD 665335
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 4:50PM

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 Marcus & Millichap - Washington, D.C.

Investment Insights

Based on property information with market context.

This NNN ground lease property is planned for a newly constructed 6,139-square-foot Sheetz store on a 3.4-acre parcel. The improvements are scheduled for completion in 2026 and are designed to include indoor and outdoor seating, drive-thru service, and a 12-stall fueling canopy. The corporate lease has a 15-year term scheduled to begin in March 2026, with 10% rent increases every five years beginning in year 11.

The property occupies 7500 Staples Mill Rd along US 33 in Richmond, with at-grade visibility and two access points. Staples Mill Road carries 36,000 vehicles per day, while the I-64 interchange is 1.5 miles south and reports 111,000 VPD. Shared ingress and egress with the adjacent CVS provides cross-access, and the site is directly across from the Staples Mill Amtrak Station, which recorded 464,881 riders in fiscal year 2024.

Key Highlights

  • 15‑year NNN corporate ground lease scheduled to commence in March 2026
  • 3.4‑acre parcel with a planned 6,139‑square‑foot Sheetz store
  • 12‑stall fueling canopy, drive‑thru, and indoor and outdoor seating planned

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Dental Office Pharmacy Hair Salon Nail Salon Skin Care Clinic Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 23228, VA

36,384
Population
16,724
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
89%
High-School Grad
11.1 sq mi
ZIP Area
3,278
Density / Sq Mi
$65,650
Median Household Income
$43,883
Median Earnings
$1,410
Median Rent
$267,300
Median Home Value

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019
7.5% 2020
7% 2021
5.2% 2022
4.2% 2023
4.9% 2024
5.7% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed convenience retail property with fueling, indoor and outdoor seating, and drive-thru service.
Where is this nnn property located?
The property is located at 7500 Staples Mill Rd Richmond, VA.
What is the asking price?
The asking price for this property is $6,153,846.
What are key features of this property?
This property features: 15‑year NNN corporate ground lease scheduled to commence in March 2026; 3.4‑acre parcel with a planned 6,139‑square‑foot Sheetz store; 12‑stall fueling canopy, drive‑thru, and indoor and outdoor seating planned
(443) 553-6755 Call to check price and availability
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