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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

111 Farrow Dr Winchester, VA 22602

2,500 SF 2.02 ac lot Built 2011
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2011
Total area 2,500 SF
Lot 2.02 ac (87,991 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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