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Auto Service - Gas-Conv

7-Eleven | 15-Years Remain | Washington, D.C. MSA | Part of Mixed-Use Development

135 Rosewick Cor Pl, La Plata, MD 20646

Listing Price: $7,558,841

Cap Rate
5.00%
Tenant Name
Wawa
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
NNN Ground Lease
Rent Per Square Feet
$75.59

Investment Overview

7-Eleven, Inc. is subject to a new 15-year NNN build to suit lease estimated to commence in March 2025. The lease features rental increases of 10 percent every five years during the base term and four, five-year option periods, providing steady revenue growth and a hedge against inflation. The lease is guaranteed by the corporate entity, rated “A” by Standard & Poor’s. The well-recognized and established brand has more than 78,000 stores worldwide. 7-Eleven will operate in a 5,000-square-foot store with eight fueling pumps.

Investment Highlights

  • New 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guarantee | "A" S&P Credit Rating
  • Part of Mixed-Use Development | Shadow-Anchored by ALDI, Lowe's and Giant

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Financing By

Auto Service - Gas-Conv

7-Eleven | 15-Years Remain | Washington, D.C. MSA | Part of Mixed-Use Development

Listing Price: $7,558,841

Cap Rate
5.00%
Tenant Name
Wawa
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
NNN Ground Lease
Rent Per Square Feet
$75.59

Investment Highlights

  • New 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guarantee | "A" S&P Credit Rating
  • Part of Mixed-Use Development | Shadow-Anchored by ALDI, Lowe's and Giant

Investment Overview

7-Eleven, Inc. is subject to a new 15-year NNN build to suit lease estimated to commence in March 2025. The lease features rental increases of 10 percent every five years during the base term and four, five-year option periods, providing steady revenue growth and a hedge against inflation. The lease is guaranteed by the corporate entity, rated “A” by Standard & Poor’s. The well-recognized and established brand has more than 78,000 stores worldwide. 7-Eleven will operate in a 5,000-square-foot store with eight fueling pumps.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Financing By

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