Ground-Leased Corner Gas Retail
7506 Williamson Rd Roanoke, VA 24019
7506 Williamson Rd, Roanoke, VA, 24019
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For Sale
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Signaled corner parcel with a 15-year absolute net ground lease and scheduled 10% increases beginning year 11.
Property Size6,000 SF
Lot Size2.62 Acres
Price / SF$772.67
Days on Market42
Property Features for 7506 Williamson Rd
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 2.62 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agency
Marcus & Millichap - Washington, D.C.
(443) 553-6755
Listed by
Dean Zang · License #MD 665335
Source
Crexi
Added: Jun 10 Updated: Jul 20 at 10:07PM Checked: Jul 20 at 10:07PM
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 2.615-acre signaled corner parcel is offered for sale as a 15-year absolute net ground lease. The lease includes 10% increases beginning year 11. The property has a 6,000-square-foot retail structure built for a gas and convenience use.
The site is described as generating approximately 23,000 vehicles per day and is located less than one mile from an Interstate-81 interchange with approximately 60,000 vehicles per day. The public remarks note limited competition from other large-format gas and convenience stores in the immediate area.
The property is positioned for a long-term, net lease structure, with lease terms scheduled to step up beginning in year 11.
The site is described as generating approximately 23,000 vehicles per day and is located less than one mile from an Interstate-81 interchange with approximately 60,000 vehicles per day. The public remarks note limited competition from other large-format gas and convenience stores in the immediate area.
The property is positioned for a long-term, net lease structure, with lease terms scheduled to step up beginning in year 11.
Key Highlights
- 2.615‑acre signaled corner parcel
- 15‑year absolute net ground lease
- Scheduled 10% rent increases beginning in year 11
Property Analytics
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Signaled corner parcel with a 15-year absolute net ground lease and scheduled 10% increases beginning year 11.
Where is this gas station located?
The property is located at 7506 Williamson Rd Roanoke, VA.
What is the asking price?
The asking price for this property is $4,636,000.
What are key features of this property?
This property features: 2.615‑acre signaled corner parcel; 15‑year absolute net ground lease; Scheduled 10% rent increases beginning in year 11
