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7-Eleven 1655 W Washington St 2,250 SF Retail Building Harpers Ferry, WV 25425 $2,308,000 ($1,025.78/SF) 6.50% Cap Rate
Investment Highlights
- 40+ Years of Proven Operations
- Recent 10-Year Lease Extension: Showing a strong commitment to the location.
- Fee Simple Ownership: Opportunity to own both the land and improvements.
- NNN Lease: Offering zero landlord responsibilities and a passive income stream for investors.
- Hedge Against Inflation: Built in rental increases, 10% every 5 years.
- Corner Location with Dual-Street Access
Executive Summary
Broker of Record
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services of WV, LLC
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services of WV, LLC
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,250 SF
Building Class
B
Year Built
1980
Price
$2,308,000
Price Per SF
$1,025.78
Cap Rate
6.50%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Zoning
C-1 - Commercial
Parking
8 Spaces (3.56 Spaces per 1,000 SF Leased)
Frontage
115’ on W Washington St
Amenities
- 24 Hour Access
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-4-00290000 | Improvements Assessment | $85,900 |
| Land Assessment | $134,800 | Total Assessment | $220,700 |
Property Taxes
Parcel Number
01-4-00290000
Land Assessment
$134,800
Improvements Assessment
$85,900
Total Assessment
$220,700
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Contact the Sale Advisor
7-Eleven | 1655 W Washington St