20494 Sussex Hwy, Bridgeville, DE 19933

Building Details

Year Built

2023

Listing agent Brendan Eisenbrandt License #PA RS330265

Listing office Foundry Real Estate Development

Listing date Aug 22, 2022

Source Crexi

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 Foundry Real Estate Development

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Overview

This property features a brand new construction 7-Eleven with gas station. The site includes eight regular and four diesel fuel pumps. The lease commenced on June 1, 2023, with an initial term of 18 years on an absolute NNN lease, offering zero landlord responsibilities. The lease includes four five-year options and 10% rental increases every five years. The lease is corporate guaranteed by 7-Eleven, Inc., which holds an investment-grade rating of A. The property benefits from accelerated depreciation.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Accounting Firm Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bridgeville

County

Sussex

State

Delaware

Longitude

-75.5897628

Latitude

38.7007881

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FAQs

What type of property is this?

Gas station - New construction 7-Eleven with gas station for sale.

Where is this gas station located?

The property is located at 20494 Sussex Hwy Bridgeville, DE.

What is the asking price?

The asking price for this property is $8,161,640.

What are key features of this property?

This property features: 18‑Year Absolute NNN Lease with Zero Landlord Responsibilities; Corporate Guarantee by 7‑Eleven, Inc. (Investment Grade Rating A); Brand New Construction (2023) with Accelerated Depreciation Benefits