Investment Highlights
Price: $2,118,000
- Property: 2,600 SF building on 0.65 acre site
- Tenant: Lessee: 7-Eleven, Inc. Operates in 16 countries and employs over 39,000 people. Founded in 1927 and headquartered in Dallas, Texas. Reported $15.1 billion in revenues in 2009. S&P Rated AA-. Largest chain store operator worldwide with over 45,900 locations.
- Lease Structure: 10-year, corporate, NNN lease with 9-Years remaining and 10% rent increases every 5 years during option periods. Landlord responsible for foundation & structure only.
Additional Tags:
Convenience, NNNt Properties, store, Single Tenant Property, snacks, off market triple net, slurpee, 1031 Exchange, alcohol, real estate investment
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