North Las Vegsa, NV - 7-Eleven

Description:

• 7-Eleven corporate-signed lease (S&P: A-)
• Over 9 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• 7-Eleven is the largest c-store and gas station brand in North America with over 13,000 locations across the United States and Canada
• The property may qualify for bonus depreciation (consult a tax advisor)

-The subject property is located at the signalized hard corner intersection of E Lone Mountain Rd and N 5th St, which combine to average 26,600 VPD
-In close proximity to E Craig Rd (71,000 VPD) and Interstate 15 (192,000 VPD)
- Located in a dense retail corridor with other national/credit tenants including Walmart, Home Depot, Planet Fitness, Texas Roadhouse, and McDonald’s
- Less than 1 mile from Mojave High School (2,400+ students) and Canyon Springs High School (2,700+ students)

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Listing ID: a28TP000003ITxtYAG