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22694017
22694018

5357 E Princess Anne Rd, Norfolk, VA 23502

SR
VA 0226032019, CA 02101543 (+42)
ParaSell Inc
TK
CA 01997740
The Kase Group
Listed by ParaSell Inc, The Kase Group
$953,800
432 days on market
Updated 135 days ago

Dark 7-Eleven - 2 Years Remaining - High Traffic Location

Details
Property Type Retail
Sub Type Convenience Store
Cap Rate 10%
NOI $95,380
Tenancy Multi
Brand/Tenant 7-Eleven
Lease Type NN
Lease Expiration 11/01/2027
Remaining Term 1.4
Tenant Credit Credit Rated, Corporate Guarantee

Retail | 10.00% CAP

Marketing description

Perfect Value-Add Repositioning, Redevelopment, or Owner/User

Opportunity

Property has Drive-Thru Capability

7-Eleven (Dark) Has 2.5 Years Remaining on the Lease

Kulture Kutz Barber Shop is Month-to-Month With Interest in a

Long Term Lease Extension

7-Eleven was Reporting $2.2M in Sales in 2017

20,000 Cars Per day + Population of Over 105,000 Within 3 Miles

Listing Contacts

SR
VA 0226032019, CA 02101543 (+42)
ParaSell Inc
TK
CA 01997740
The Kase Group
Listed by ParaSell Inc, The Kase Group

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,380.00
$7,948.33/mo

Valuation Metrics

0
DSCR
10%
Cap Rate
10%
ROI

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Additional Information

Name
Scott Reid
License
0226032019
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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