Speedway

Highlights:

• Brand-New 15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Two (5-Year) Options to Renew
• 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation – Recent 15 Year Lease Renewal Shows the Tenants Long-Term Commitment to the Site
• Corporately Guaranteed Lease by Speedway (7-Eleven, Inc.) – Speedway is a Best-in-Class Gas Station & C-Store Tenant Founded in 1952 That Operates Over 3,900 Locations in 36 States – Largest Brand Within Its Category for Company-Owned Chains Based on Revenue
• 35-Year Successful Operating History at the Site – The Property Has Been a C-Store & Gas Station Since Opening in 1989 – Top 23% in Total Visits for Gas Stations in the State of New York – 1,144 Square Feet Building Situated on a 0.93-Acre Parcel Containing 15 Parking Spaces & 12 Gas Pumps
• High Traffic Location with Excellent Visibility – More Than 27,000 Vehicles Per Day on S. Brandywine Ave & an Additional 52,237 Vehicles Per Day on Interstate-890
• Densely Populated, Infill Location with Strong Demographics – Over 155,000 People within a 5-Mile Radius of the Property with Average Household Income Exceeding $104,000 Annually
• Over 21.3 Million Square Feet of Industrial & Office Space and 23.6 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 3,900 Businesses & 59,000 Employees
• Approximately 1.4 Miles from the 352-Bed Ellis Medical Hospital with Over $1.47 Billion in Total Patient Revenue in 2023 and a Staff of More Than 3,000 Healthcare Professionals
• Strategically Positioned Near General Electric’s Vernova Factory, Which Employs More Than 3,000 People
• Strong Multi-Family Density with Over 6,800 Apartment Units within a 5-Mile Radius of the Property

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