Auto Service - Gas-Conv
7-Eleven (Speedway) | New 2025 Build
4862 Bonny Oaks Dr, Chattanooga, TN 37416
Listing Price: $10,485,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in a brand-new 7-Eleven (dba Speedway) in Chattanooga, Tennessee. Positioned at a high-visibility signalized intersection with over 30,400 vehicles per day, the 2025 build sits on a prime hard-corner lot and features high-quality construction. The property is leased by corporate 7-Eleven, Inc. on a 15-year absolute NNN lease with rare 10% rental increases every five years during the base term and the three, five-year option periods.
Located in a no-income-tax state, the property provides potential tax advantages, including accelerated depreciation. The surrounding area features a strong industrial presence, with major manufacturers and distributors such as UPS, FedEx, and Ashley Furniture nearby. Additionally, the asset benefits from proximity to the University of Tennessee Chattanooga, the Volkswagen plant, and downtown Chattanooga.
7-Eleven, Inc., the tenant, is the world’s largest convenience retailer and a recognized leader in the industry. The company operates over 13,000 locations in North America and 85,000 worldwide, serving more than 11 million customers daily. 7-Eleven has a strong financial foundation, with a parent company holding investment-grade credit ratings (S&P: A). In 2023, the company reported nearly $121 billion in sales and ranked #129 on the Fortune Global 500 list.
Investment Highlights
- Long-Term, Absolute NNN Lease Signed by 7-Eleven, Inc. (dba Speedway) | Strong, Corporate Tenant with Investment Grade Parent Company (S&P: A)
- Passive Investment with Zero Landlord Responsibilities | Rare 10% Rental Increases Every 5 Years | 15-Year Base Term with Four, 5-Year Options | Est. to Commence April 2025
- Ideally Positioned on a Hard Corner Lot at the Signalized Intersection of Bonny Oaks Dr & Jersey Pike with Excellent Exposure (30,400+ VPD Combined) | Just Off of Highway 153 (181,300+ VPD)
- Brand-New 2025 Build with High-Quality Construction | Located in a No-Income Tax State | Potential to Qualify for Accelerated Depreciation & Other Benefits
- 7-Eleven is the World's Largest Convenience Retailer | 13,000+ Locations in North America & 85,000+ Locations Worldwide | Over 3,800+ Speedway Stores Acquired by 7-Eleven in 2021 for $21 Billion
- Both Franchise & Corporate 7-Eleven Sales were Reported at Nearly $121 Billion in 2023 | Parent Company Ranked #129 on the Fortune Global 500 List
Exclusively Listed By
Broker of Record
Financing By
Auto Service - Gas-Conv
7-Eleven (Speedway) | New 2025 Build
Listing Price: $10,485,000
Investment Highlights
- Long-Term, Absolute NNN Lease Signed by 7-Eleven, Inc. (dba Speedway) | Strong, Corporate Tenant with Investment Grade Parent Company (S&P: A)
- Passive Investment with Zero Landlord Responsibilities | Rare 10% Rental Increases Every 5 Years | 15-Year Base Term with Four, 5-Year Options | Est. to Commence April 2025
- Ideally Positioned on a Hard Corner Lot at the Signalized Intersection of Bonny Oaks Dr & Jersey Pike with Excellent Exposure (30,400+ VPD Combined) | Just Off of Highway 153 (181,300+ VPD)
- Brand-New 2025 Build with High-Quality Construction | Located in a No-Income Tax State | Potential to Qualify for Accelerated Depreciation & Other Benefits
- 7-Eleven is the World's Largest Convenience Retailer | 13,000+ Locations in North America & 85,000+ Locations Worldwide | Over 3,800+ Speedway Stores Acquired by 7-Eleven in 2021 for $21 Billion
- Both Franchise & Corporate 7-Eleven Sales were Reported at Nearly $121 Billion in 2023 | Parent Company Ranked #129 on the Fortune Global 500 List
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in a brand-new 7-Eleven (dba Speedway) in Chattanooga, Tennessee. Positioned at a high-visibility signalized intersection with over 30,400 vehicles per day, the 2025 build sits on a prime hard-corner lot and features high-quality construction. The property is leased by corporate 7-Eleven, Inc. on a 15-year absolute NNN lease with rare 10% rental increases every five years during the base term and the three, five-year option periods. Located in a no-income-tax state, the property provides potential tax advantages, including accelerated depreciation. The surrounding area features a strong industrial presence, with major manufacturers and distributors such as UPS, FedEx, and Ashley Furniture nearby. Additionally, the asset benefits from proximity to the University of Tennessee Chattanooga, the Volkswagen plant, and downtown Chattanooga. 7-Eleven, Inc., the tenant, is the world’s largest convenience retailer and a recognized leader in the industry. The company operates over 13,000 locations in North America and 85,000 worldwide, serving more than 11 million customers daily. 7-Eleven has a strong financial foundation, with a parent company holding investment-grade credit ratings (S&P: A). In 2023, the company reported nearly $121 billion in sales and ranked #129 on the Fortune Global 500 list.
Exclusively Listed By
Broker of Record
Financing By

