•	The tenant, 7-Eleven, Inc., has approximately 10 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site
•	The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation
•	7-Eleven has over 14,000 locations throughout the world, and continues to be a leader in the gas and convenience store space
•	Tenant pays for CAM, utilities, insurance and maintains most aspects of the premises
•	Limited landlord responsibilities include roof and structure
•	Reimbursed by tenant: Taxes
•	Ideal, low-management investment for a passive investor

Offering Memorandum

•	The 7-Eleven is located at the signalized, hard-corner intersection of Catlett Rd and Marsh Rd, combining to average over 33,000 vehicles passing by daily
•	Marsh Rd is a major retail thoroughfare serving the city of Bealeton
•	The site benefits from excellent visibility via significant street frontage and multiple points of ingress/egress
•	The site is adjacent to Bealeton Village Center, which includes an 88,000+ square foot Food Lion anchored center and McDonald’s, Walgreens, and Truist Bank pads
•	The asset is within walking distance to 3 different schools (Liberty High School, Grace Miller Elementary School, and Cedar Lee Middle School), combining to total over 2,400 students
•	The property is in the center of a primary retail corridor with other nearby national/credit tenants including Starbucks, Popeye’s, Arby’s, Sheetz, AT&T, Family Dollar, Anytime Fitness, and more, further increasing consumer traffic to the site
•	Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
•	The 10-mile trade area is supported by approximately 40,500 residents and 18,000 employees, providing a direct consumer base from which to draw
•	Residents within 10 miles of the subject property boast an affluent average household income of $144,356

Bealeton, VA - 7-Eleven

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<p>Lana Caravello joined SRS&#39; Washington D.C. office in 2020 as a transaction coordinator. Lana has more than 15 years experience in real estate, property and transactional management, customer acquisition, IT, and marketing. Most recently with Calkain, Lana provided transactional support for a team of top producing investment sales brokers and agents. She worked directly with senior producers and assisted with transactional management working to move acquisition and disposition transactions through to closing. </p><p>Lana is a graduate of the University of Central Florida.</p>

Demographics	3 Miles	5 Miles	10 Miles
Population	9,694	16,063	40,359
Average Household Income	$133,055	$133,418	$144,356

Traffic Counts
Marsh Road/U.S. Highway 17	20,000 VPD
Catlett Road/State Highway 28	13,000 VPD

Sold

Bealeton, VA - 7-Eleven

Description

Location

Demographics

Traffic Counts

Contact

Andrew Fallon

Philip Wellde