Property Details

7-Eleven

Hyattsville, MD
Property ID: 2574

Financial Summary

Asking Price $1,905,000
Cap Rate 5.25%
Net Operating Income (NOI) $100,000
Lease Type Ground Lease
Lease Term Remaining 15 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Absolute NNN ground lease
  • Investment grade credit: AA- by S&P
  • Corporate guaranty
  • Brand new build-out including new roof with long-term lease
  • 10% rent Increases every 5 years starting year 6
  • Hard signalized corner of Riggs Road and Chillum Road, with traffic count 20,511 VPD
  • Strong demographics: population of 30,000 and average HH income of $72,000 within 1 mile.
  • Located 6 miles from The White House and US Capitol building

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

900 Chillum Road
Hyattsville, MD

Leigh Cline7-Eleven