Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
$7,800,000
Sheetz - Richmond (Short Pump) VA
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,959
Units 28
Cap Rate 5%
NOI $390,000
Tenancy Single
Brand/Tenant Sheetz
Lease Term 20
Lease Expiration 09/30/2046
Remaining Term 20.3
Rent Bumps Yes
Lease Options 7 (5-Year)
Class A
Year Built 2026
Acreage 1.600
Zoning M-1
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2026
Ground Lease Yes
About This Property
Investment highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Corporate Signed Lease | Established & Growing Brand
- Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
- Next to Short Pump Village, Short Pump Town Center | Dense Retail Corridor | Adjacent to Walmart Supercenter
- Rare Henrico County Retail Opportunity | High Barriers To Entry | Growing Area with Numerous Surrounding Developments
- Located Along W Broad St | Signalized, Hard Corner Intersection | Excellent Visibility & Access
- Strong Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$390,000.00
$32,500.00/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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