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Auto Service - Gas-Conv

7-Eleven / Speedway C-Store & Gas | North Carolina | 100 % Bonus Depreciation | Absolute Net Lease

821 M.L.K. Jr Avenue, Oxford, NC 27565

Listing Price: $1,850,000

Cap Rate
5.00%
Tenant Name
7-Eleven / Speedway
Years Remaining On Lease
15.2
Gross SF
1,409
Guarantor
Corporate Guarantee
Rentable SF
1,409
Price/Gross SF
$1,312.99
Lease Type
Absolute Net
Rent Per Square Feet
$65.65

Investment Overview

7-Eleven / Speedway C-Store & Gas Station | Absolute Net Lease | Qualifies for 100% Bonus Depreciation | Below Replacement Cost | Below Market Rental Rate | Investment Grade | Favorable Rental Increases Every 5 Years | Internet Resistant and Recession-Proof Investment

Investment Highlights

  • Long Term Absolute Net Lease Featuring Favorable Rental Increases Every 5 Years throughout the Initial Term and Options. Below Market Rent, Offering Future Upside Potential.
  • Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $78.50 Billion.
  • Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
  • 100% Bonus Depreciation - Fee Simple Ownership of a Gas Station Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Charles Gallagher

    Associate Regional Manager

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Auto Service - Gas-Conv

7-Eleven / Speedway C-Store & Gas | North Carolina | 100 % Bonus Depreciation | Absolute Net Lease

Listing Price: $1,850,000

Cap Rate
5.00%
Tenant Name
7-Eleven / Speedway
Years Remaining On Lease
15.2
Gross SF
1,409
Guarantor
Corporate Guarantee
Rentable SF
1,409
Price/Gross SF
$1,312.99
Lease Type
Absolute Net
Rent Per Square Feet
$65.65

Investment Highlights

  • Long Term Absolute Net Lease Featuring Favorable Rental Increases Every 5 Years throughout the Initial Term and Options. Below Market Rent, Offering Future Upside Potential.
  • Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $78.50 Billion.
  • Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
  • 100% Bonus Depreciation - Fee Simple Ownership of a Gas Station Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.

Investment Overview

7-Eleven / Speedway C-Store & Gas Station | Absolute Net Lease | Qualifies for 100% Bonus Depreciation | Below Replacement Cost | Below Market Rental Rate | Investment Grade | Favorable Rental Increases Every 5 Years | Internet Resistant and Recession-Proof Investment

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Charles Gallagher

    Associate Regional Manager

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

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