7-Eleven | Absolute NNN Lease | Bridgeville, DE
$8,569,720
20494 Sussex Highway, Bridgeville, DE 19933
For Sale
Retail
Service Gas Station
Active
Last Updated: 08/11/2023
5
Cap Rate
428,486
NOI
Details:
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:
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Offering Memorandum
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Location
Gallery
