Horse Cave, KY - Speedway

Description:

SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN leased Speedway interstate travel center strategically positioned at Exit 58 along Interstate 65 in Horse Cave, Kentucky. The Property is leased to 7-Eleven, Inc. (dba Speedway) under a newly executed 15-year corporate lease with five (5), five-year renewal options, signed by the corporate entity, 7-Eleven, Inc. (S&P: A-), with zero landlord responsibilities. The lease features 7.5% scheduled rental increases every five years and was developed utilizing 7-Eleven’s latest large-format prototype design.

Strategically positioned directly off Interstate 65 (49,300 VPD), the Property benefits from diversified, year-round demand generated by interstate travelers, freight traffic, regional tourism, and surrounding hospitality uses. This is not a traditional convenience store investment—it is an Interstate 65 travel-oriented asset supported by diversified transportation, tourism, and hospitality demand. Interstate 65 between Louisville and Nashville features a limited supply of large-format interstate fuel destinations, reinforcing the strategic importance of the Property’s immediate interstate access and positioning along this highly trafficked corridor.

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Listing ID: a28TP000002zbsjYAA