Skip to main content

Auto Service - Gas-Conv

7-Eleven w/ Gas Station | 6.25% CAP | Affluent Boston Suburb | Rare Low Rent NNN Ground Lease

70 Copeland Drive, Mansfield (Boston MSA), MA 02048

Listing Price: $1,729,232

Cap Rate
6.25%
Tenant Name
7-Eleven
Years Remaining On Lease
12.2
Gross SF
480
Guarantor
Corporate Guarantee
Rentable SF
480
Price/Gross SF
$3,602.57
Lease Type
NNN Ground Lease
Rent Per Square Feet
$225.00

Investment Overview

Mansfield is a town in Bristol County, Massachusetts, located in the south-southwest suburbs of Boston and is also close to Providence, Rhode Island. The village of Mansfield Center is located in the town. Mansfield's location is 28 miles south of Boston, 14 miles west of Brockton, and 19 miles north of Providence, Rhode Island. It is bordered by Foxborough and Sharon to the north, Easton to the east, Norton to the south, and North Attleborough and Attleboro to the west. The town's northern border is also a portion of the northern border of Bristol County. Its neighborhoods include East Mansfield, Whiteville, Ginty Corner, Mansfield Center, Purdy Corner, Robinsonville and West Mansfield. Known for its rich history and charming New England character, Mansfield offers a mix of residential neighborhoods, scenic landscapes, and a vibrant community. The town is perhaps most famous for the Xfinity Center, a popular outdoor amphitheater that hosts concerts and events, drawing music enthusiasts from the region. Mansfield also boasts excellent schools, diverse recreational opportunities, and a strong sense of community pride. Its proximity to major highways, including Interstate 95 and 495, makes it a convenient location for commuters and provides easy access to neighboring cities. With a blend of small-town charm and modern amenities, Mansfield is an attractive place to live, work, and visit in Massachusetts.

Investment Highlights

  • Long Term Absolute Net Ground Lease Featuring 10% Rental Increase in 2031 and at Each Option. 37+ Year Operating History as a Gas Station.
  • 7-Eleven Acquired Sunoco back in 2017 and Recently Extended the Term an Additional 10 Years in 2021 and 5 years in 2023 Demonstrating a Strong Commitment to the Location.
  • Positioned Along Area's Retail and Traffic Corridor - Features Easy Access, Excellent Visibility and frontage with two Points of Access with Daily Traffic Counts Exceeding 10k Vehicles.
  • 27k+ Vehicles pass through the nearby Signalized Intersection of Chauncy Street (MA Route 106) and Copeland Drive.
  • Strong Daytime Employment Area - Near Numerous Established Business Parks, Medical and Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • Affluent Area: Features an Average Household Income of more than $138k within a 3-Mile Radius. Additionally, there are more than 45k Employees within 5-Miles of the Property.
  • In Close Proximity to Downtown Mansfield, MA Route 140, and the interchange of Interstates-95 and 495 Providing Convenient Access for Area Residents, Employees, and Commuters.
  • Mansfield is one of the most Desirable Communities in the Commonwealth of Massachusetts. Located just 35 Miles South of Boston and 25 Miles North of Providence, it is an Ideal Location for Numerous Industries. Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $88.07 Billion.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Auto Service - Gas-Conv

7-Eleven w/ Gas Station | 6.25% CAP | Affluent Boston Suburb | Rare Low Rent NNN Ground Lease

Listing Price: $1,729,232

Cap Rate
6.25%
Tenant Name
7-Eleven
Years Remaining On Lease
12.2
Gross SF
480
Guarantor
Corporate Guarantee
Rentable SF
480
Price/Gross SF
$3,602.57
Lease Type
NNN Ground Lease
Rent Per Square Feet
$225.00

Investment Highlights

  • Long Term Absolute Net Ground Lease Featuring 10% Rental Increase in 2031 and at Each Option. 37+ Year Operating History as a Gas Station.
  • 7-Eleven Acquired Sunoco back in 2017 and Recently Extended the Term an Additional 10 Years in 2021 and 5 years in 2023 Demonstrating a Strong Commitment to the Location.
  • Positioned Along Area's Retail and Traffic Corridor - Features Easy Access, Excellent Visibility and frontage with two Points of Access with Daily Traffic Counts Exceeding 10k Vehicles.
  • 27k+ Vehicles pass through the nearby Signalized Intersection of Chauncy Street (MA Route 106) and Copeland Drive.
  • Strong Daytime Employment Area - Near Numerous Established Business Parks, Medical and Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • Affluent Area: Features an Average Household Income of more than $138k within a 3-Mile Radius. Additionally, there are more than 45k Employees within 5-Miles of the Property.
  • In Close Proximity to Downtown Mansfield, MA Route 140, and the interchange of Interstates-95 and 495 Providing Convenient Access for Area Residents, Employees, and Commuters.
  • Mansfield is one of the most Desirable Communities in the Commonwealth of Massachusetts. Located just 35 Miles South of Boston and 25 Miles North of Providence, it is an Ideal Location for Numerous Industries. Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $88.07 Billion.

Investment Overview

Mansfield is a town in Bristol County, Massachusetts, located in the south-southwest suburbs of Boston and is also close to Providence, Rhode Island. The village of Mansfield Center is located in the town. Mansfield's location is 28 miles south of Boston, 14 miles west of Brockton, and 19 miles north of Providence, Rhode Island. It is bordered by Foxborough and Sharon to the north, Easton to the east, Norton to the south, and North Attleborough and Attleboro to the west. The town's northern border is also a portion of the northern border of Bristol County. Its neighborhoods include East Mansfield, Whiteville, Ginty Corner, Mansfield Center, Purdy Corner, Robinsonville and West Mansfield. Known for its rich history and charming New England character, Mansfield offers a mix of residential neighborhoods, scenic landscapes, and a vibrant community. The town is perhaps most famous for the Xfinity Center, a popular outdoor amphitheater that hosts concerts and events, drawing music enthusiasts from the region. Mansfield also boasts excellent schools, diverse recreational opportunities, and a strong sense of community pride. Its proximity to major highways, including Interstate 95 and 495, makes it a convenient location for commuters and provides easy access to neighboring cities. With a blend of small-town charm and modern amenities, Mansfield is an attractive place to live, work, and visit in Massachusetts.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

MM Texture Background
MM Textured Background Lower