111 Farrow Dr Winchester, VA 22602
High-yield, long-term NNN lease in VA.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 2,500 SF Murphy USA gas station and convenience store on a 2.02-acre lot in Winchester, VA.
- Absolute NNN lease with corporate guarantee from Murphy USA (NYSE: MUSA), minimizing landlord responsibilities.
- Strong 5.25% cap rate and $93,606 NOI.
- Approximately 9 years remaining on the lease (expires October 31, 2033), with built-in 7.5% rent increases every five years.
- Asking price: $1,782,971 ($713.19/SF).
Property Details for 111 Farrow Dr
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 2,500 SF
- Year Built
- 2011
- Lot Size (sq. ft)
- 87,991 SF
Location Insight
- City
- Winchester
- County
- Frederick
- State
- Virginia
- Latitude
- 39.081079
- Longitude
- -78.1474726
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, long-term NNN lease in VA.
- Where is the retail property located?
- The property is located at 111 Farrow Dr Winchester, VA.
- What is the asking price?
- The asking price for this property is $1,782,971.
- What are key features of this property?
- This property features: 2,500 SF Murphy USA gas station and convenience store on a 2.02-acre lot in Winchester, VA.; Absolute NNN lease with corporate guarantee from Murphy USA (NYSE: MUSA), minimizing landlord responsibilities.; Strong 5.25% cap rate and $93,606 NOI.
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