7-Eleven
4,650 SF | Retail Building | Hampton, VA 23669 | $5,935,000 ($1,276/SF) | 5.35% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,935,000
- Property Type
-
Retail
- Square Feet
- 4,650 SF
- Price / Square Foot
- $1,276
Listing Contacts
Matthew Scow
Verified Profile
Bob Moorhead
Verified Profile
- Property Info
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Grocery/Convenience Store, Freestanding, Storefront
- Lot Size (sq. ft)
- 50,530 SF
Highlights
- 15-Yr Corporate Absolute NNN Lease w/ 10% Rent Bumps Every 5 Years Starting Yr. 6 in Primary & Yr. 16 in Options
- Located at Signalized Intersection of Settlers Landing Rd (12,000+ VPD) & S Armistead Ave (8,900+ VPD)
- 5 Miles from Newport News Shipbuilding – Largest Industrial Employer in Virginia & Sole Designer & Builder of US Navy Aircraft Carriers
- Near Naval Station Norfolk – World’s Largest Naval Station & Home to US Navy’s Fleet Forces Command
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Hampton | Home to 4 Colleges | Population: 135,169
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