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7-Eleven | Washington DC MSA | Eligible for Depreciation

6618 Walker Mill Rd, Capitol Heights, MD 20743

Listing Price: $5,185,261

Cap Rate
4.60%
Tenant Name
7-Eleven
Years Remaining On Lease
15.00
Guarantor
Corporate Guarantee
Rentable SF
3,010
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$79.24

Investment Overview

7-Eleven is a Japanese-owned American international chain of convenience stores, headquartered in Irving, Texas, that operates, franchises, and licenses some 70,000+ stores in 17 countries as of January 2020. 7-Eleven is the largest and premier convenience store chain in the world. They have made a reputable name for themselves in the franchise business and are consistently ranked as a top-five franchisor. 7-Eleven stores are extended-hour retail convenience stores that emphasize convenience to the guest and provide a broad array of products, including many not traditionally available in convenience stores, to meet the changing needs of guests.

Investment Highlights

  • NEW 15-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
  • TEN PERCENT (10%) RENTAL INCREASES EVERY FIVE YEARS
  • FEE SIMPLE – ELIGIBLE FOR BONUS DEPRECIATION

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

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

    Washington, D.C.

  • Josh Ein

    First Vice President Investments

    (202) 536-3726

    Email Josh

    License(s): DC: SP98371724, MD: 643676, VA: 0225242141

    Washington, D.C.

Auto Service - Gas-Conv

7-Eleven | Washington DC MSA | Eligible for Depreciation

Listing Price: $5,185,261

Cap Rate
4.60%
Tenant Name
7-Eleven
Years Remaining On Lease
15.00
Guarantor
Corporate Guarantee
Rentable SF
3,010
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$79.24

Investment Highlights

  • NEW 15-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
  • TEN PERCENT (10%) RENTAL INCREASES EVERY FIVE YEARS
  • FEE SIMPLE – ELIGIBLE FOR BONUS DEPRECIATION

Investment Overview

7-Eleven is a Japanese-owned American international chain of convenience stores, headquartered in Irving, Texas, that operates, franchises, and licenses some 70,000+ stores in 17 countries as of January 2020. 7-Eleven is the largest and premier convenience store chain in the world. They have made a reputable name for themselves in the franchise business and are consistently ranked as a top-five franchisor. 7-Eleven stores are extended-hour retail convenience stores that emphasize convenience to the guest and provide a broad array of products, including many not traditionally available in convenience stores, to meet the changing needs of guests.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

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

    Washington, D.C.

  • Josh Ein

    First Vice President Investments

    (202) 536-3726

    Email Josh

    License(s): DC: SP98371724, MD: 643676, VA: 0225242141

    Washington, D.C.

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