Property summary
This exceptional investment opportunity presents a 7-Eleven convenience store and gas station situated on a substantial 3.34-acre lot in Salisbury, Maryland. The property, built in 2021, boasts 4,950 square feet and features 26 gas pumps, catering to the high traffic volume of approximately 39,000 vehicles daily. Located at 28490 Naylor Mill Rd, 21801, this strategically positioned property is part of the 250-acre Westwood Commerce Park and enjoys direct access to Bypass 50, a major thoroughfare leading to Ocean City, MD. The property benefits from limited competition and proximity to significant industrial employers like Perdue Farms. The 100% occupancy rate, achieved since November 21, 2021, generates a substantial Net Operating Income (NOI) of $272,901, resulting in an attractive 5.00% capitalization rate. The asking price for this single-story building is $5,458,013. This is a net lease investment. A wide array of major retail establishments are located within a 10-mile radius, further enhancing the property's value and potential for continued success. This is a rare opportunity to acquire a high-performing, established 7-Eleven in a thriving commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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