New Restaurant with Gas
22606 Three Notch Rd Lexington Park, MD 20653
22606 Three Notch Rd, Lexington Park, MD, 20653
Contact for pricing
For Sale
Contact for pricing
Pending
New construction restaurant with gas pumps and long-term corporate lease.
Property Size5,000 SF
Days on Market1429
Property Features for 22606 Three Notch Rd
General Information
- Standard status
- Pending
- Size
- 5,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing Agency
Foundry Real Estate Development
Listed by
Brendan Eisenbrandt · License #PA RS330265
Source
Crexi
Added: Aug 22, 2022 Updated: Jul 6 at 7:58 am Checked: Jul 19 at 8:36 am
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
Investment Insights
Based on property information with market context.
This property features a brand new double restaurant format, including Laredo Taco and Roost Chicken. The site includes gas with 8 pumps. It is subject to an 18-year Absolute NNN Lease with zero landlord responsibilities. The lease includes 4 five-year options and 10% rental increases every 5 years. The property benefits from accelerated depreciation due to its new construction. The lease is corporate guaranteed by 7-Eleven, Inc., which holds an investment-grade rating of A. Rent commenced on February 11, 2023. The location benefits from high traffic, with an average daily traffic count of 34,800.
Key Highlights
- 18‑Year Absolute NNN Lease with Zero Landlord Responsibilities
- Corporate Guarantee by 7‑Eleven, Inc. (Investment Grade Rating A)
- Brand New Double Restaurant Format (Laredo Taco and Roost Chicken)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - New construction restaurant with gas pumps and long-term corporate lease.
Where is this gas station located?
The property is located at 22606 Three Notch Rd Lexington Park, MD.
What is the asking price?
The asking price for this property is $7,424,380.
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 Double Restaurant Format (Laredo Taco and Roost Chicken)
