4707 County Dr Disputanta, VA 23842-4836

Property Details for 4707 County Dr

Year built

1991

Lot size

2.48 lot acres

Property size

3,024 SF

Zone code

11

Property type

Grocery and convenience stores

APN

340(0A)00-042-0

APU

3400A000420

Description

Exceptional investment opportunity: a thriving, multi-tenant retail property featuring a Shell gas station, Subway, and Jiffy Mart convenience store located at 4707 County Dr, Disputanta, VA 23842. This 2.48-acre property boasts a long-term NNN lease with 11.6 years remaining, offering significant rental income and built-in rent escalations. The property includes six gasoline dispensers, one diesel dispenser, and nine high-speed fueling positions. Additional amenities include ample truck parking, restrooms, an ATM, and the sale of truck parts and accessories. The property benefits from a high-traffic location, with an average annual daily traffic count of 15,000 vehicles and proximity to Interstate 295N (AADT 23,000). Built in 1990, the property recently underwent a rebranding with Shell. The lease features 10% rent bumps every five years throughout the primary term and three 5-year renewal options, ensuring consistent income growth. The asking price is $2,703,644, with a current NOI of $182,496 and a 6.75% cap rate. This property presents a compelling opportunity for investors seeking a stable, high-performing asset with significant long-term potential. The lease commenced June 29, 2001, and expires June 30, 2036. Bonus depreciation may be available.

Location Insight

City

Disputanta

County

Prince George

State

Virginia

Longitude

-77.3181

Latitude

37.1827

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments