Property summary
This exceptional investment opportunity presents a 7-Eleven convenience store and gas station located at 2400 Pleasantville Rd, Fallston, MD 21047, in Harford County. The property boasts a brand-new 15-year corporate ground lease with 7-Eleven, Inc., featuring a 5.00% cap rate and a Net Operating Income (NOI) of $117,000. The lease includes 10% rent bumps every five years and three, five-year renewal options, ensuring consistent income growth. Situated on a substantial 1.13-acre (49,223 sq ft) lot, this location has a proven track record, operating for over 45 years. Remarkably, this 7-Eleven ranks in the top 13% of all 7-Eleven locations nationwide in terms of customer visits, according to Placer.ai. The property benefits from an extremely affluent surrounding area, with average household incomes exceeding $181,788 within a three-mile radius. This absolute NNN ground lease offers a secure, passive income stream with significant upside potential, making it an ideal addition to any investment portfolio. The asking price is $2,340,000.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
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Atm
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Specialty Food Shop Wine and Liquor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B1 · Fallston, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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