9825 Hospital Boulevard

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9825 Hospital Boulevard

Fredericksburg, VA 22408
Asking Price
$2.78M
Cap Rate
5.5%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Sheetz | I-95 Corridor | Corporate Ground Lease | 800+ Unit Operator | DC MSA <ul><li>​<strong>Strong Tenant:</strong> Corporately guaranteed by Sheetz, a leading national convenience and fuel operator with 800+ locations and $14B+ in 2025 sales, backed by consistent expansion.</li><li>​<strong>Long-Term Passive Investment and Contractual Rent Growth: </strong>The property features an Absolute Triple Net (NNN) Ground Lease with 2 years of primary term remaining, with 5, 5-year options remaining at 3% increases every 5 years, providing a long-term, stable investment.</li><

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NOI
$80,000
Cap Rate
2.88%
DSCR
0.49
Underwater
Cash-on-Cash
-10.19%
Monthly Payment
$13,737.908
Annual Cash Flow
$-84,854.899

Location & Travel Times