Property summary
This exceptional investment opportunity presents a 5,675 square foot Sheetz convenience store located at 7335 Lee Hwy, Fairlawn, VA 24141. The property sits on a 1.37-acre lot and benefits from a highly visible corner location at the intersection of Lee Hwy and Peppers Ferry Rd, providing excellent access and high traffic counts due to its proximity to major retailers like Lowe's and Walmart. The absolute NNN ground lease features a corporate guarantee from Sheetz, one of the largest… privately-owned convenience store chains in the US, ensuring strong tenant creditworthiness. The lease commenced September 3, 2020, with a remaining term of approximately 10.8 years, extending to August 30, 2035. Three 5-year lease options are included, each with a 10% rent increase. Built in 2007 and renovated in 2020, the property boasts a strong net operating income (NOI) of $184,746, resulting in a 5.75% cap rate and a price per square foot of $591.03. The asking price is $3,208,278. The property's location within the growing Fairlawn suburb, near Radford University and major employers, contributes to its strong investment potential. This offering represents a secure, passive income stream with significant long-term growth prospects. The property is situated in a dense retail corridor with numerous national retailers, further enhancing its value and appeal.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.37 ac
- APN
- 038-001-0000-142D
- Zoning
- CM1
- Assessed value · 2024
- $1,912,100
- Annual tax · 2024
- $14,150
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.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
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- Location Insight
- Alternative use
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