Auto Service - Gas-Conv
7-Eleven (Speedway) | New Construction
900 Steele Station Rd, Steele, AL 35987
Listing Price: $7,272,727
Investment Overview
SPEEDWAY | 7-ELEVEN
• PUBLICLY TRADED COMPANY
• 13,000+ STORES IN THE UNITED STATES
• 83,000+ STORES WORLDWIDE LOCATIONS
• 7-ELEVEN, INC. ACQUIRED SPEEDWAY IN 2021 FOR $21 BILLION
• $82 BILLION SALES IN 2023
7-Eleven (Speedway) | New Construction
Investment Highlights
- BRAND NEW CONSTRUCTION | MAY 2026 EXPECTED OPENING
- 15-YEAR INITIAL BASE LEASE TERM
- 10% RENTAL INCREASES EVERY 5 YEARS
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
- CORPORATELY GUARANTEED LEASE WITH 7-ELEVEN, INC.
- INVESTMENT GRADE CREDIT RATING OF 'A' (S&P)
- STRATEGIC TRUCK STOP LOCATION DIRECTLY OFF INTERSTATE-59 | 22,777 VPD
- DIRECTLY ACROSS FROM A TOP LOVE'S TRAVEL CENTER | TOP 2% IN THE STATE AND COUNTRY PER PLACER.AI
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Auto Service - Gas-Conv
7-Eleven (Speedway) | New Construction
Listing Price: $7,272,727
Investment Highlights
- BRAND NEW CONSTRUCTION | MAY 2026 EXPECTED OPENING
- 15-YEAR INITIAL BASE LEASE TERM
- 10% RENTAL INCREASES EVERY 5 YEARS
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
- CORPORATELY GUARANTEED LEASE WITH 7-ELEVEN, INC.
- INVESTMENT GRADE CREDIT RATING OF 'A' (S&P)
- STRATEGIC TRUCK STOP LOCATION DIRECTLY OFF INTERSTATE-59 | 22,777 VPD
- DIRECTLY ACROSS FROM A TOP LOVE'S TRAVEL CENTER | TOP 2% IN THE STATE AND COUNTRY PER PLACER.AI
Investment Overview
SPEEDWAY | 7-ELEVEN • PUBLICLY TRADED COMPANY • 13,000+ STORES IN THE UNITED STATES • 83,000+ STORES WORLDWIDE LOCATIONS • 7-ELEVEN, INC. ACQUIRED SPEEDWAY IN 2021 FOR $21 BILLION • $82 BILLION SALES IN 2023
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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