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7-Eleven | Rare 20 Year Lease

6323 Sykesville Rd, Eldersburg, MD 21784

Listing Price: $4,300,000

Cap Rate
4.65%
Tenant Name
7-Eleven
Years Remaining On Lease
18.8
Guarantor
Corporate Guarantee
Rentable SF
4,500
Lease Type
NNN Ground Lease
Rent Per Square Feet
$44.44

Investment Overview

The NNN Pro Group of Marcus & Millichap is pleased to present the exclusive listing for the 7-Eleven located at 6323 Sykesville Rd in Eldersburg, Maryland. The site consists of roughly 4,500 rentable square feet of building space on estimated 1.74-acre parcel of land. This 7-Eleven opened on November 17, 2022 and is subject to a 20-year triple-net (NNN) ground lease. The initial annual rent is $200,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.

Investment Highlights

  • Extremely Rare 20-Year 7-Eleven Lease! | True Triple Net Ground Lease | Zero Landlord Responsibilities
  • Brand New 2022 Construction | Store Just Opened in November
  • Signalized Hard Corner at a Strategic Intersection

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) MD: 5005538

    Maryland

Auto Service - Gas-Conv

7-Eleven | Rare 20 Year Lease

Listing Price: $4,300,000

Cap Rate
4.65%
Tenant Name
7-Eleven
Years Remaining On Lease
18.8
Guarantor
Corporate Guarantee
Rentable SF
4,500
Lease Type
NNN Ground Lease
Rent Per Square Feet
$44.44

Investment Highlights

  • Extremely Rare 20-Year 7-Eleven Lease! | True Triple Net Ground Lease | Zero Landlord Responsibilities
  • Brand New 2022 Construction | Store Just Opened in November
  • Signalized Hard Corner at a Strategic Intersection

Investment Overview

The NNN Pro Group of Marcus & Millichap is pleased to present the exclusive listing for the 7-Eleven located at 6323 Sykesville Rd in Eldersburg, Maryland. The site consists of roughly 4,500 rentable square feet of building space on estimated 1.74-acre parcel of land. This 7-Eleven opened on November 17, 2022 and is subject to a 20-year triple-net (NNN) ground lease. The initial annual rent is $200,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): MD: 5005538

    Maryland

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