7-Eleven | NNN Lease

Highlights:

• High Foot Traffic: Ranks in the top 9% in terms of foot traffic over the past 5 years when compared to 7-Elevens nationally, according to Alpha Maps.
• Proven Location: 7-Eleven has operated at this location for 20+ years.
• NNN Lease: Offering zero landlord responsibilities.
• Long Term Lease: 7-Eleven recently executed a brand new 15-year lease extension showing a strong commitment to the location.
• Hedge Against inflation: Built in rental increases - 10% every 5 years.
• Low Risk Investment: Below average 7-Eleven market rent, increasing the longterm viability of the tenant.
• Prime Location: Located on a hard signalized corner.
• Large Lot with Multiple Pumps: Site sits on ±1.05 acres of land with 6 gas islands (12 pumps)
• Fee Simple: Eligible for bonus depreciation – please consult with a CPA.
• Easy Access: Entrances are located on both cross streets.
• Stable and Recession-Resistant Industry: Provides a consistent income stream

Description:

Tenant Overview
• Top-Rated Tenant: 7-Eleven has investment-grade credit, rated ‘A’ by Standard and Poor’s.
• Iconic Brand: 84,000+ locations worldwide, 13,000+ in the United States and Canada.

Demographics
• Major MSA Market: Located in Dallas Fort-Worth, the 4th largest MSA market in the United States.
• Large Population: 187,000+ residents within 5 miles and 882,000+ residents within 10 miles.
• Hyper-Growth Market: Steadily increasing population with estimates showing strong growth around 3% - 5% annually.
• Affluent Area: Average household income north of $137,000 within 5 miles.
• Nearby Tenants Include: CVS, Children’s Lighthouse Day Care Center, Scooters Coffee, Comet Cleaners, Hallock Family Dental, Walmart Super Center, Starbucks, Wendy’s, Jersey Mikes, Chipotle, Bank of America, Walgreens, Sonics, Tractor Supply, Dominos, O’Reilly, AutoZone, Walter and Lois Middle School, George J Anderson Early Childhood School, Lovejoy Highschool, Allen Highschool, and much more.

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