Listed by Matthews
$2,308,000
7- ELEVEN | NNN | FEE SIMPLE
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 2,250
Cap Rate 6.50%
NOI $150,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type NNN
Lease Term 20
Lease Expiration 12/31/2035
Remaining Term 10
Rent Bumps Yes
Lease Options Two (5) Year Options
Year Built 1980
Acreage 0.660
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/25/1980
Ground Lease No
Ownership Fee Simple
10 Years | 6.50% CAP
Investment highlights
- Investment-Grade Corporate Guaranty: The lease is backed by 7-Eleven, Inc., the world's largest convenience store operator, carrying a Standard & Poor's credit rating of "A-", providing institutional-quality security for the income stream.
- Iconic Global Brand: 84,000+ Locations Worldwide, 13,000+ in the United States and Canada, 7-Eleven commands unmatched brand recognition, foot traffic, and consumer loyalty.
- 40+ Years of Proven Operations: 7-Eleven has operated successfully at this exact location for over four decades — one of the strongest possible signals of site viability and sustained consumer demand.
- NNN Lease: Offering zero landlord responsibilities and a passive income stream for investors.
- Recent 10-Year Lease Extension: Showing a strong commitment to the location.
- Hedge Against Inflation: Built in rental increases, 10% every 5 years.
- Fee Simple Ownership: Opportunity to own both the land and improvements.
- Sole 7-Eleven in the City: This is the only 7-Eleven serving Bolivar, with no competing corporate c-store directly nearby, reinforcing its captive customer base.
- Corner Location with Dual-Street Access: Situated at the corner of W Washington Street and Paul Courtney Drive with entrances on both cross streets, maximizing ingress/egress, visibility, and impulse traffic capture.
- Strategic Gateway Position: Located on U.S. Route 340, the primary arterial corridor connecting the Washington, D.C. metro area to the Harpers Ferry/Bolivar market — capturing both local and visitor traffic daily.
- Stable and Recession-Resistant Industry: Convenience retail is one of the most resilient consumer categories, consistently maintaining strong sales through economic downturns.
- Affluent Market: $126,000+ average Household income within 3 miles.
- DC Metro Proximity: Bolivar sits off U.S. Route 340, approximately one hour from Washington, D.C. and Baltimore, MD, placing it squarely within the orbit of one of the nation's wealthiest and most stable metro economies.
- Tourism and Outdoor Recreation Driver: Harpers Ferry National Historical Park draws over half a million visitors per year. The area offers whitewater rafting, fishing, mountain biking, tubing, canoeing, hiking, ziplining, and rock climbing — generating consistent seasonal and year-round transient traffic that benefits this location directly.
- Appalachian Trail Hub: The longest continuous hiking-only footpath in the world, running directly through the area — drawing hikers, tourists, and outdoor enthusiasts as a reliable supplemental customer base.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,000.00
$12,500.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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