7-Eleven | Absolute NNN Lease

Description:

TENANT OVERVIEW
● Top-Rated Tenant: 7-Eleven has investment-grade credit, rated ‘A’ by Standard and Poor’s.
● Iconic Brand: 85,000+ Locations Worldwide, 13,000+ in the United States and Canada.

PROPERTY
● Proven Location: 7-Eleven has successfully operated at this location for 40+ years.
● Absolute NNN Lease: Offering zero landlord responsibilities.
● Hedge Against Inflation: 10% rental increases every 5 years.
● Recent 10-Years Lease Extension: 7-Eleven just renewed for another 10 years, showing a strong commitment to this location.
● Prime Location: Situated in the heart of downtown Falmouth on Main Street, a hub for both locals and tourists, ideal for retail, dining and professional services.
● Tourist Destination: Major population surge during the Summer due to Cape Cod’s tourism. Located directly next to the waterway inlets, with the ability to transit to Martha's Vineyards and Oak Bluffs through Island Queen Ferry.
● Vibrant Local Business Scene: Lined with independent boutiques, restaurants, art galleries and coffee shops offering a highly walkable, experiential shopping and dining environment.
● Nearby Beaches: Located near Falmouth Heights Beach, Bristol Beach, Surf Drive Beach, Falmouth Beach, Quissett Beach and Trunk River Beach.
● Open 24 Hours
● Stable and Recession-Resistant Industry: Provides you with a consistent and reliable income stream.

DEMOGRAPHICS
● Hyper Growth Market: 4.5% annual population growth within 3 miles of the property.
● Affluent Market: $112,000+ average household income within 3 miles of the site.
● Nearby developments: Affordable housing development across the street encompassing 62+ independent living units.
● Retail Synergy: Nearby major retailers such as Walmart, Shaws, TJ Max, Staples, Starbucks, Dunkin Donuts, Stop & Shop, Petco, Verizon, Planet Fitness, Dollar Tree, HomeGoods, Burger King, CVS, and much more.

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