New Restaurant with Gas
For Sale
Contact for pricing
Pending
22606 Three Notch Rd, Lexington Park, MD 20653
New construction restaurant with gas pumps and long-term corporate lease.
Property Size5,000 SF
Days on Market1475
Property Features for 22606 Three Notch Rd
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2023
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Foundry Real Estate Development
Listed By:
Brendan Eisenbrandt · License #PA RS330265
Source:
Crexi
Added: Aug 22, 2022
Changed: Aug 8
Last Checked: Jul 26 at 11:40AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
286k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 39%
Shops & Services 32%
Dining 20%
Home Improvements & Furnishings 7%
Marshalls
Apparel
37,877 visits/mo
0.2 miles
Kohl's
Apparel
37,751 visits/mo
0.5 miles
Wawa
Shops & Services
35,572 visits/mo
0.4 miles
DICK'S Sporting Goods
Apparel
26,600 visits/mo
0.4 miles
Dollar Tree
Shops & Services
22,120 visits/mo
0.2 miles
Demographics for 20653, MD
25,180
Population
11,696
Households
2.2
Avg Household Size
34
Median Age
34%
College-Educated
91%
High-School Grad
33.2 sq mi
ZIP Area
758
Density / Sq Mi
$97,923
Median Household Income
$55,396
Median Earnings
$1,579
Median Rent
$341,900
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 - 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)
