111 Farrow DrWinchester, VA 22602

Property Details for 111 Farrow Dr

Year built

2011

Lot size

2.02 AC

Property size (Sq ft)

2,500 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity presents a 2,500 square foot Murphy USA convenience store and gas station located at 111 Farrow Dr, Winchester, VA 22602. Situated on a 2.02-acre lot, this property boasts a strong 5.25% cap rate and a substantial net operating income (NOI) of $93,606. The property is subject to an absolute NNN lease with a corporate guarantee from Murphy USA, a publicly traded company (NYSE: MUSA), ensuring financial stability. The lease commenced October 5, 2012, and has a remaining term of approximately 9 years, extending to October 31, 2033. Built in 2011, this well-maintained property benefits from built-in rent increases of 7.50% every five years throughout the base term and each of the four to five-year tenant renewal option periods. With 100% occupancy and a price per square foot of $713.19, this is a compelling investment offering significant long-term value and minimal landlord responsibilities. The asking price is $1,782,971. This is a single-tenant property with a strong tenant and a long lease term, making it an attractive addition to any investment portfolio. The property's location in Winchester, Virginia, provides excellent visibility and accessibility.

Location Insight

City

Winchester

County

Frederick

State

Virginia

Latitude

39.0811

Longitude

-78.1475

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].