loader
Views: 0 DOM: 118 Updated: 11.18.23 Posted: 08.16.23 Status: Active

Summary

Price $6,427,000
Built/Renov 2023
Tenant 7-Eleven
Cap Rate 5.00%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 4,650
Lease Start 10-01-2023
#Units 83,282
Price/SF $1,382.15
Expiration 09-01-2038
Tenant Type Convenience/Gas
NOI $321,338
R. Term 14.8
Ownership Fee Simple
Rent/SF $69.10
Increases 10.0%/5/yrs
Pop 5Mi 72,489
Lot/AC 1.37
Options 4/5yrs/10%
AHHI 5Mi $132,514

Lease Highlights

  • Brand-new, build to suit 7-Eleven opening in October 2023
  • Tenant will sign a new 15 year lease with 4 (5-year) options to extend
  • Lease features an increase of 10% every 5 years
  • Absolute NNN lease | Zero Landlord responsibilities
  • Corporate guaranteed lease
  • 7-Eleven is an investment grade tenant (S&P: A)

Location Description

7-Eleven is strategically positioned at the signalized intersection of Richmond Highway (Jefferson Davis Hwy) & Hospital Center Blvd with a combined traffic count of 19,700 vehicles passing by daily. The property features a 7-Eleven branded convenience store with a 10-pump gas station. The site has excellent access and visibility and is located across from Stafford Hospital, a community...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: 7-Eleven
  • Guarantor:Corp T and Rated
  • Company:Seven and I Holdings
  • # Units:83,282
  • Tenant S&P: A
  • Moody’s: Baa2
  • Stock:OTCMKTS: SVNDY

About Tenant

7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises and/or licenses more than 83,000 stores in 19 countries, including over 12,500...


...

Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 5,096 34,075 83,107
2023 Total Population : 4,877 32,188 78,783
2023 Employed Civilian Pop : 1,496 16,015 40,182
2023 Total Businesses : 287 740 1,754
2023 Average Household Income : $ 142,383 $ 166,910 $ 162,895
2023 Total Consumer Spending : $ 163 M $ 1377 M $ 3399 M
2023 Median Age : 36 35 36
2023 Total Households : 1,367 9,815 24,745
2023 Pop Age 25+: Bachelor's Degree : 619 6,420 14,986
2023 Average Home Value : $ 585,804 $ 512,684 $ 476,436
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Jefferson Davis Hwy Hospital Center Blvd 2016 15,000 0.00 mi
Hospital Center Boulevard Old Potomac Church Rd 2021 220 0.36 mi
SR 742 Peake Ln 2021 150 0.46 mi
Jefferson Davis Hwy Cthouse Rd 2016 15,000 0.52 mi
Courthouse Rd Jason Mooney Dr 2016 18,000 0.52 mi
Courthouse Road Jason Mooney Dr 2020 14,000 0.53 mi
Wyche Road Bishop Ln 2018 1,800 0.59 mi
Red Oak Drive Red Fern Ln 2018 3,500 0.61 mi
Red Oak Dr Red Fern Ln 2012 3,100 0.61 mi
Wyche Rd Bishop Ln 2012 1,700 0.62 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

Company

NEWSLETTER SIGN UP

my activity