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Washington DC  + DC Metro  + Net Lease  | 
The 7-Eleven-leased property at 22702 Gosnell Farm Drive in Clarksburg has sold for $8.2 million.

Clarksburg 7-Eleven Garners Multiple Offers, Sells Above Asking at $8M

SRS Real Estate Partners has completed the $8.2-million ground-lease sale of an 8,000-square-foot property occupied by 7-Eleven in Clarksburg, MD. The property has a 20-year lease in place with a 7-Eleven franchisee.

Michael Berk and Sheree Strome with SRS represented the seller, an East Coast-based investor. The buyer was a private investor from CA.

“This asset garnered a number of offers and sold for $100,000 over the asking price,” said Berk. “This opportunity provides the new ownership with a newly developed property, no landlord responsibilities, a national tenant on a long-term lease, and surrounding new residential development with very high household incomes.”

The 2022-constructed property sits on 2.7 acres at 22702 Gosnell Farm Drive, right at the entrance to Simon Properties-owned Clarksburg Premium Outlets.

The site is located in the Cabin Ranch community directly off Interstate 270, which connects Clarksburg to the Washington, DC area.


Inside The Story

SRS Real Estate Partners' Berk

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition