NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 816 England Street in Ashland, VA. The site consists of roughly 2,561 rentable square feet of building space on estimated 0.67-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 18, 2021. The current annual rent is $161,696 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
