Mars, PA - 7-Eleven

Description:

• The tenant currently has 2+ years remaining on their initial lease with
1 (5-year) option to extend, demonstrating their commitment to the site
• The lease features a scheduled rental increase of 8.63% in the last renewal option, which helps grow NOI and hedge against inflation
• 7-Eleven corporate guaranty. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada

• The site is ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including McDonald’s, Aldi, CVS, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to Mars Area High School (1,048 students), Mars Area Middle School (513 students), and Mars Area Elementary School (907 students), further increasing consumer traffic to the site

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000002Cb4HYAS