Properties for Sale

Please contact us for a complete listing of available properties!

7-Eleven
Ft. Myers, FL

Building: 2,940 +/- sf built in 2012 on 0.82+/- acres of land located outside of Edison Mall, over 1M sq. ft. of retail space with 160 stores. Located on a signalized intersection with Solomon Blvd and across from Ft. Myers Airport, serving 10.3M passengers annually. Daily traffic counts of 54,000 VPD in front of the site on Colonial Blvd.

Ownership: Fee simple ownership, land and building are included. May qualify for accelerated depreciation. Check with your accountant for more details.

Lease Term: 5.5 years remaining on the corporate NN lease running until August 31, 2027, with 4, 5-year options with 10% increases in the options. Landlord is responsible for roof, structure, and windstorm insurance. Existing 20 -year transferable roof warranty.

Rent: $156,525 (including September 1, 2022 increase)

Asking Price: $3,350,000 or 4.67% cap.

Contact Rachel at 301-514-3069 or Rachel@marstellerrealty.com for more information or to make an offer.

 

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Rite Aid (Walgreens Credit)
Shepherdstown, West Virginia

Location: Located at the NE corner of Martinsburg Pike (Rt.45) and Maddex Square Drive. Located adjacent to Food Lion, United Bank, McDonalds, Quality Inn and less than a mile from Shepherd University with an enrollment of 3,779 students.

Building11,597 +/- sf building built in 1998 with drive-thru window.

 

Land: 1.74+/- acres of land.

Existing Lease: Tenant has been on site for 20 years just exercised it first five year option running until March 30, 2023 on a corporate NN lease, with three, five-year options remaining with rare approx. 3.9% rental increases in each of the options. Landlord is responsible for roof and structure.

Rent: $146,167 annual minimum rent vs. 1.5% of sales. Features rare approx. 3.9% rental increases in each of the five-year option periods.

Store Sales: Consistent total store sales reported $4,391,000 for 2017 with an attractive 3.32% rent to sales ratio, excluding beer and wine, lottery, tobacco products, milk & bread, soft drinks, etc. and paying a rent of $12.88 per sq. ft.

Asking Price: $2,165,437 or a 6.75% cap

Contact Rachel at 301-514-3069 or Rachel@marstellerrealty.com for more information or to make an offer. 

 

 

 

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Properties for Lease

Please contact us for a complete listing of available properties!

Warehouse/
Office Space

9327 Fraser Ave, Silver Spring, MD

Location: Located of Linden Dr, just off of Georgia Ave and I-495. Highly desirable area with quick access major highways in the DC metro area. Neighbors include a plumber, printer, and roofing company.

Building: 2,000 +/- sf. with two (2) parking spaces. Features 2 bathrooms, an existing office space, and a large, conditioned warehouse with a loading dock.

Available: September 1st, 2022

Asking Rent: $3,500 per month ($42,000 annually) NNN* or Offer

* Additional rent of CAM, water, sewer reimbursement and tax reimbursement. See OM for further details.

Contact Rachel at 301-514-3069 or Rachel@marstellerrealty.com for more information or to make an offer.

 

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