7-Eleven — Sale in Centreville, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Centreville, VA 20121

Photos

7-Eleven — Sale in Centreville, VA, photo 1 of 2
7-Eleven — Sale in Centreville, VA, photo 2 of 2

Investment Figures

Cap rate
4.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

A GENERATIONAL PURCHASE OPPORTUNITY This is a generational opportunity to purchase a 1.32 acre “covered land” parcel along a heavily traveled Fairfax County commuter corridor presently leased to the investment grade, international convenience store chain, 7-Eleven. 7-Eleven has operated at this location since 1986 (without gas), and re-signed a 20-year lease that commenced on December 1, 2006. In October of 2025, ownership conceded its efforts to assemble and develop this site in concert with the neighboring parcels. The proposed redevelopment would have re-incorporated 7-Eleven with its newest gas prototype, and added shop space to the assembled parcels. Ultimately ownership elected to restructure the lease with the tenant and secure more term. 7-Eleven now has approximately 10 years of term remaining through November 30, 2036, with two additional five-year options that could carry occupancy through November 30, 2046. FIXED 10% INCREASES & BELOW MARKET RENTAL RATE 7-Eleven has only two, five-year options remaining with a 10% increase at each option period, limiting the tenant’s control of the site unlike many other 7-Eleven offerings today. Notably, the tenant’s current annual rent of $193,380 remains below market for this corner, where a ground lease pad could command $200,000 to $250,000 from operators such as banks that typically pay premium rents. If combined with the neighboring parcel, a full-sized fuel concept such as Wawa or Sheetz could potentially pay well over $400,000 or more for the assembled site. 7-Eleven has expressed a desire to add fuel at this location, which would serve as a catalyst for redevelopment. STRONG, ESTABLISHED LOCATION – 69TH PERCENTILE CHAINWIDE 7-Eleven has operated successfully at this corner for decades, a testament to the location’s fundamentals. Per geofencing data from Placer.ai, this non-gas unit ranks in the 69th percentile of ALL (gas and non-gas) stores chainwide, placing it well above the typical 7-Eleven despite operatin

Market Context

This retail in Centreville, VA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Centreville, VA — view the full market.

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