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Royal Farms - Front Royal
Old Hill & Dale Rd and US Route 340/ US Route 522
41 Old Hill and Dale Rd
Front Royal, VA 22630

Price: $4,444,444       CAP: 4.95%       NOI $220,000

The offering consists of a new Royal Farms absolute net ground lease located in Front Royal, Virginia. Using the latest Royal Farms prototype, the property is under construction and will open in Q2 2018. The offering is easily accessible through the signalized intersection of US Route 340/ US Route 522 and Country Club Road. This location benefits from a daily vehicular traffic count exceeding 22,000 in addition to multiple ingress/ egress points. This Royal Farms is also located a quarter mile from an interchange of I-66 which is the arterial pipeline between Front Royal and the Washington, D.C. Being one of the few gas stations in this area along I-66, the subject serves not only the community but also the major highway traffic. The offering is surrounded by national retailers, including Walmart, Target, ALDI, Lowe’s Home Improvement, and Dollar Tree, among many others.

The lease is corporately guaranteed by Royal Farms, a privately owned and operated company with 170+ locations throughout the mid-Atlantic. With 20-years remaining on the initial 20-year term, the lease calls for six, five-year options. Beginning after year-10, the lease has 10% rental increase every 5-years for the remainder of the initial term and each option period thereafter.


Royal Farms - Front Royal

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Royal Farms - Front Royal

Royal Farms - Front Royal

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