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Visible 7-11 and Shopping Center on US-28 11007 Nokesville Rd 13,275 SF 100% Leased Retail Building Manassas, VA 20110 $5,900,000 ($444.44/SF) 6.78% Cap Rate
INVESTMENT HIGHLIGHTS
- 7-Eleven is the largest convenience retailer in the US with 13,000+ stores
- Signalized Intersection on highly traveled US-28
- 7-Eleven corporate guaranteed long term lease
EXECUTIVE SUMMARY
Highly traveled 7-11 gas station and adjoining retail space for sale at signalized intersection on US-28. Residency Square Shopping Center sits on a 2 acre lot within sight of the Prince William Parkway, 2 Silos Brewery, Target, and McDonalds. Fully leased retail plaza attached to 7-11 consists of six shops. Building is located at the signalized intersection of US-28 and Residency Road with easy access to Prince William Parkway and I-66.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,275 SF
Building Class
B
Year Built
1998
Price
$5,900,000
Price Per SF
$444.44
Cap Rate
6.78%
NOI
$400,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.03 AC
Zoning
B1 - B-1 zoning is a business office district that allows for retail stores, offices, institutional uses, and limited retail and institutional uses.
Parking
24 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
105’ on Nokesville Rd
AMENITIES
- Freeway Visibility
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7695-03-5461 | Improvements Assessment | $2,513,300 |
| Land Assessment | $1,246,600 | Total Assessment | $3,759,900 |
PROPERTY TAXES
Parcel Number
7695-03-5461
Land Assessment
$1,246,600
Improvements Assessment
$2,513,300
Total Assessment
$3,759,900
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Visible 7-11 and Shopping Center on US-28 | 11007 Nokesville Rd
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