12319 Maple StGlade Spring, VA 24340

This exceptional investment opportunity presents a fee-simple owned, 4,931 square-foot convenience store and gas station located at 12319 Maple St, Glade Spring, VA 24340. The property boasts a highly visible hard-corner location with multiple points of access directly off Interstate 81, experiencing over 38,000 vehicles daily. Built in 2005 on a 1.36-acre lot, this asset is under a 15-year absolute NNN lease (commencing May 1, 2022, and expiring April 30, 2037), with 12.4 years remaining. The lease includes four 5-year renewal options and 10% rent bumps every five years. The tenant, GPM Investments, LLC (S&P: B+, NASDAQ: ARKO), is credit-rated and provides a corporate guarantee, ensuring consistent income. The property generates a strong NOI of $302,952, resulting in a 6.00% cap rate. The average household income within a 3-mile radius exceeds $79,600, indicating a robust consumer base. This is a management-free investment, with the tenant responsible for all CAM, taxes, and insurance, making it an ideal passive income opportunity. The property enjoys 100% occupancy. This is a turnkey investment with significant upside potential.