7-Eleven | Absolute NNN Lease | Bridgeville, DE

20494 Sussex Highway, Bridgeville, DE

$8,569,720

Price

5%

Cap Rate

$428,486

NOI

Gallery
Street
Map
Overview
Cap Rate
5%
NOI
$428,486
Building Size
4,063 sqft
Lot Area
3.09 acres
Lease Type
Absolute Net
Year Built
2023
Zoning
Commercial
Highlights
  • 15-yr Absolute NNN Leases
  • Zero landlord responsibilities
  • 4-five year options
  • 10% rental increases every 5 years
  • Brand new construction with accelerated depreciation benefits
  • Corporate guaranteed by 7-Eleven, Inc. (Investment grade rating A)
  • Rent to commence May 19, 2023
  • 27,238 average daily traffic
Documents
Title
Offering Memorandum
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Location
Gallery