7-Eleven

203 South Stuart Avenue, Elkton, VA 22827

  • For Sale $1,238,000
  • Property Type Retail - Freestanding
  • Property Size 2,227 SF
  • Lot Size 0.84 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 31, 2024
Nestled between the Blue Ridge Mountains and Massanutten Peak, the Town of Elkton is only minutes from The Swift Run Gap entrance to Skyline Drive in Shenandoah National Park and the world-famous Appalachian Trail. Rich in history, the Town of Elkton is known as the first permanent settlement West of the Blue Ridge Mountains. The area was settled around the 1720’s and families were quick to put down their roots in the fertile soil along the banks of the South Fork of the Shenandoah River which flows through the town. Just under 3,000 residents call the quaint Shenandoah Valley town home. The small, walkable community has been serving hikers for decades but was officially dedicated as the 50th Appalachian Trail Community on August 14, 2021. The Town is home to many locally owned businesses including the “Valley’s Best” award winning Elkton Brewing Company, Appalachian Trail Outfitters and the very popular Small Axe Farms Hostel. Downtown businesses are within a short walking distance from each other.The Kase Group is excited to offer a well-established 7-Eleven in Elkton, Virginia, now available for purchase. This location features a recently extended lease with zero landlord obligations and is corporately guaranteed by 7-Eleven. The lease includes 10% rent increases every five years and two additional five-year renewal options. Situated on a hard corner along S Stuart Ave, this 7-Eleven benefits from strong visibility and traffic, with neighboring tenants including Family Dollar, Subway, Pizza Hut, El Paso Mexican Grille, McDonald's, Elkton Family Pharmacy, USPS, Dairy Queen, and Ace Hardware. Its prime location is just off Route 33 and only 8 miles from Massanutten Resort, Virginia's premier four-season mountain destination, making it a strategic asset for potential buyers. Additionally, it's a short 30-minute drive to Harrisonburg, further enhancing its accessibility.

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Highlights

  • Absolute NNN Lease with Zero Landlord Obligations
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • 40 Year Operating History at Site
  • Recently Extended Lease
  • Bonus Depreciation Benefits
  • Hard Corner Location with Excellent Visibility
  • Nearby State Route 33
  • 8 Miles from Massanutten Resort - Virginia's Premier Four-Season Mountain Resort
  • 30 Minutes to Downtown Harrisonburg

Contacts

broker

Jason Denham

The Kase Group

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Elkton, VA
  • Zip Code 22827

Points of Interest

  • 7-11

    0.00 miles

  • Exxon

    0.11 miles

  • Liberty

    0.39 miles

  • BP

    2.02 miles

  • Village Market

    5.90 miles

  • Hightop Mountain Parking

    5.63 miles

  • Bearfence Parking Area

    8.78 miles

  • Bootens Gap Parking

    9.68 miles

  • Subway

    0.05 miles

  • Goodfellas

    0.07 miles

  • El Paso Mexican Grille

    0.08 miles

  • Pizza Hut

    0.10 miles

  • Old 33 Beer & Burger Grill

    0.12 miles

  • DQ Grill & Chill

    0.16 miles

  • Melissa's Sweet Tea & Sliders

    0.24 miles

  • Mr. J's Bagels Express

    0.41 miles

  • C & J's Diner

    0.42 miles

  • Concession Stand

    0.52 miles

  • Food Lion

    1.84 miles

  • Massanutten Resort General Store

    7.39 miles

Frequently Asked Questions

How much does 7-Eleven cost?

The space currently listed for sale at 7-Eleven asks for $1,238,000.

What is the total square footage of 7-Eleven?

7-Eleven totals 2,227 square feet.

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Contact Listing Broker

broker

Jason Denham

The Kase Group