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Auto Service - Gas-Conv

7-Eleven | 5+ Years Remaining | Eligible for Depreciation

2932 Mt Holly-Huntersville Rd, Charlotte, NC 28214

Listing Price: $2,729,760

Cap Rate
6.25%
Tenant Name
7-Eleven
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
2,406
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$70.91

Investment Overview

7-Eleven has more than five years remaining on a 15-year corporate NNN lease which allows for the potential of various enhanced depreciation types and zero landlord responsibilities. The lease features 10 percent rental increases every five years during the base term and four, five-year option periods. 7-Eleven Inc., rated “A” by Standard & Poor’s, is the world’s leader in the convenience store/gas station industry with over 70,000 locations in 18 countries. The company recently acquired Speedway gas stations with convenience stores for $21 billion showing strong conviction in the future of its business as it adapts to growth in EVs.

Investment Highlights

  • "A" Investment Grade Credit
  • Fee Simple Ownership Eligible for Potential Depreciation
  • One-Mile to 130-Acre Harris Teeter Anchored Mixed-Use Development

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.

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Auto Service - Gas-Conv

7-Eleven | 5+ Years Remaining | Eligible for Depreciation

Listing Price: $2,729,760

Cap Rate
6.25%
Tenant Name
7-Eleven
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
2,406
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$70.91

Investment Highlights

  • "A" Investment Grade Credit
  • Fee Simple Ownership Eligible for Potential Depreciation
  • One-Mile to 130-Acre Harris Teeter Anchored Mixed-Use Development

Investment Overview

7-Eleven has more than five years remaining on a 15-year corporate NNN lease which allows for the potential of various enhanced depreciation types and zero landlord responsibilities. The lease features 10 percent rental increases every five years during the base term and four, five-year option periods. 7-Eleven Inc., rated “A” by Standard & Poor’s, is the world’s leader in the convenience store/gas station industry with over 70,000 locations in 18 countries. The company recently acquired Speedway gas stations with convenience stores for $21 billion showing strong conviction in the future of its business as it adapts to growth in EVs.

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.

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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