Royal Farms

New construction, new market format C-Store and fuel operations site with 19.5 year ground lease and no landlord responsibilities. Store expected to open June 2024

Site located just outside Lynchburg includes separate diesel canopy for trucks and is anticipated to include 12 Tesla superchargers

Tenant responsible for all site work costs estimated at over $1 million plus the costs of the fuel operations and convenience store

Excellent visibility with easy access off a major highway (Route 29) with 20,000+ vehicles per day

Campbell County has received phases of site plans for projects totaling 400+ residential units in the immediate area of the property

Lease is with corporate parent of Baltimore based Royal Farms (Two Farms, Inc.) who operates 300+ stores

Minimal local area competition from similar new market format C-Store fuel operations providers (e.g. WAWA, Sheetz…)