3028 Scenic Hwy, Mount Solon, VA 22843-2608
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GENERAL AGRICULTURE · Mount Solon, VAMount Solon. Always verify with local authorities before improvements.
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.