Freestanding 7-Eleven Convenience
For Sale
Contact for pricing
Pending
883 North Main Street, Culpeper, VA 22701
Corporate convenience retail paired with a gas station and long-term triple net lease.
Property Size2,600 SF
Days on Market143
Property Features for 883 North Main Street
General Information
Standard status
Pending
Size
2,600 SF
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Washington, D.C.
(202) 536-3700
Listed By:
Bryn Merrey · License #MD 646476
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:31PM
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.
Located at 883 North Main Street in Culpeper, Virginia, this freestanding 7-Eleven combines convenience retail with a gas station in an approximately 2,600-square-foot building. The property has supported 7-Eleven occupancy for 28 years and continues under a newly executed 15-year triple net lease.
The lease provides 10% rental increases at five-year intervals, with matching 10% increases during each of three five-year extension options. 7-Eleven is identified as the corporate tenant, and the company carries an AA- investment-grade credit rating from Standard & Poor’s. The asset offers a leased convenience-store and fueling format with an established operating history and defined renewal structure.
The lease provides 10% rental increases at five-year intervals, with matching 10% increases during each of three five-year extension options. 7-Eleven is identified as the corporate tenant, and the company carries an AA- investment-grade credit rating from Standard & Poor’s. The asset offers a leased convenience-store and fueling format with an established operating history and defined renewal structure.
Key Highlights
- Freestanding ±2,600 square foot 7‑Eleven convenience store and gas station
- 28‑year 7‑Eleven occupancy history
- New 15‑year triple net lease renewal
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 22701, VA
37,411
Population
13,770
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
172.2 sq mi
ZIP Area
217
Density / Sq Mi
$93,910
Median Household Income
$47,492
Median Earnings
$1,386
Median Rent
$376,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- La Lomita — 215 E Culpeper St, Culpeper, VA 22701
- Mini Market Ebenezer, LLC — 305 N Main St A, Culpeper, VA 22701
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Corporate convenience retail paired with a gas station and long-term triple net lease.
Where is this grocery and convenience store located?
The property is located at 883 North Main Street Culpeper, VA.
What are key features of this property?
This property features: Freestanding ±2,600 square foot 7‑Eleven convenience store and gas station; 28‑year 7‑Eleven occupancy history; New 15‑year triple net lease renewal
