Property summary
This exceptional investment opportunity features a portfolio of eight convenience stores and gas stations in prime Virginia locations. The portfolio boasts a total of 23,837 square feet and is currently operating at 100% occupancy. Each location benefits from high visibility and accessibility, situated along major thoroughfares or in areas with significant tourist traffic. Several locations are near popular recreational destinations, ensuring a consistent customer base. The portfolio is master-leased to a strong, long-term operator, providing a stable income stream with built-in 2% annual rent increases. This presents a rare opportunity for both investors seeking a high-yield asset and owner-operators looking to expand their market share in a thriving sector. The portfolio includes locations in Mount Solon, Skipwith, Red Oak, Alton, Millboro, Brookneal, and two in Nathalie, Virginia, each strategically positioned for optimal business performance. Existing infrastructure and ample parking accommodate various business needs and potential expansion opportunities. This is a turnkey operation with established management in place, allowing for remote operational oversight. The current contracts for COAM (game machines) and Jobber (gas) are in place. This portfolio offers a unique blend of stability, growth potential, and a strong return on investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GENERAL AGRICULTURE · Mount Solon, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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