Ground-Leased Corner Gas Retail
For Sale
Contact for pricing
7506 Williamson Rd, Roanoke, VA 24019
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 Market88
Property Features for 7506 Williamson Rd
General Information
Standard status
Active
Size
6,000 SF
Lot size
2.62 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$248,000
Site & Location
Traffic Count
23,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
Dean Zang · License #MD 665335
(443) 553-6755
Source:
Crexi
Added: Jun 10
Changed: Aug 21
Last Checked: Aug 31 at 5:44PM
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
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 24019, VA
27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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
