22606 Three Notch RdLexington Park, MD 20653

This exceptional investment opportunity presents a newly built, 5,000 square foot 7-Eleven gas station and convenience store located at 22606 Three Notch Rd, Lexington Park, MD 20653. Boasting an 18.1-year initial lease term commencing February 11, 2023, and expiring February 28, 2041, this property offers a substantial remaining lease term of 16.3 years. The absolute NNN lease structure ensures minimal landlord responsibilities, with a credit-rated tenant providing exceptional security. The property features eight gas pumps and benefits from a high average daily traffic count of 34,800 vehicles. The lease includes 10% rent bumps every five years and four five-year renewal options. Built in 2023, this single-unit property sits on a 3.24-acre lot and generates a strong net operating income (NOI) of $389,780, resulting in a 5.15% cap rate. The asking price is $7,568,545, translating to a price per square foot of $1,513.71. The property is zoned for commercial use and enjoys 100% occupancy since January 18, 2023. This is a rare opportunity to acquire a high-performing, low-maintenance asset backed by a corporate guarantor with an investment-grade rating. The property's new construction status allows for accelerated depreciation benefits, further enhancing its investment appeal.