111 Farrow Dr Winchester, VA 22602
This exceptional investment opportunity presents a 2,500 square foot Murphy USA convenience store and gas station located at 111 Farrow Dr, Winchester, VA 22602. Situated on a 2.02-acre lot, this property boasts a strong 5.25% cap rate and a substantial net operating income (NOI) of $93,606. The property is subject to an absolute NNN lease with a corporate guarantee from Murphy USA, a publicly traded company (NYSE: MUSA), ensuring financial stability. The lease commenced October 5, 2012, and has a remaining term of approximately 9 years, extending to October 31, 2033. Built in 2011, this well-maintained property benefits from built-in rent increases of 7.50% every five years throughout the base term and each of the four to five-year tenant renewal option periods. With 100% occupancy and a price per square foot of $713.19, this is a compelling investment offering significant long-term value and minimal landlord responsibilities. The asking price is $1,782,971. This is a single-tenant property with a strong tenant and a long lease term, making it an attractive addition to any investment portfolio. The property's location in Winchester, Virginia, provides excellent visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.