Medford OR - 7-Eleven

Description:

Top Placer Ranking
This location is ranked as the #1 7-Eleven in the state of Oregon and #51 out of 8,407 (top 1%) of all ranked 7-Eleven locations nationwide in terms of customer visits (Placer.ai)

Long-Term Absolute NNN Lease | Fee Simple Ownership
Approximately 10 years remaining with no landlord maintenance or expense responsibilities
Ideal management-free investment for a passive investor

Rental Increases
The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, increasing the NOI and providing a hedge against inflation

Investment Grade Tenant | Corporate Lease
The lease is signed by 7-Eleven, Inc., an investment grade (S&P: A) retailer and a globally recognized and established convenience store/gas operator (13,000+ sites in the US and Canada)

Densely Populated and Affluent Trade Area
More than 85,000 residents and 51,000 employees within 3 miles with an average household income over $91,000, projected to increase to ~$100,500 by 2030

High Traffic / Excellent Access & Visibility
Located at the signalized intersection of Crater Lake Avenue and East McAndrews Road with a combined 38,764 VPD
½ mile east of the on-ramp to Interstate 5 (53,200 VPD) providing ease of access to customers and employees. Bonus Depreciation
Potential for significant tax savings via Accelerated Depreciation and Cost Segregation – check with your tax advisor to confirm eligibility.

Medford serves as the financial, medical, tourist and business hub of Southern Oregon and Northern California, and is strategically located halfway between Portland and San Francisco.
Directly across Crater Lake Avenue from Providence Medford Medical Center, a full-service, 168-bed acute care community hospital serving southern Oregon and northern California for over 100 years.
1 mile east of Rogue Valley Mall, the premier regional shopping destination for the Rogue Valley and Medford MSA, comprising ~847,000 square feet of retail space, anchored by Macy’s, JCPenney, Kohl’s and American Freight, providing a steady flow of retail customers.
1 mile north of The Village at Medford Center, a 420,000 square foot shopping center, anchored by Safeway, Burlington, Ross Dress for Less and Cinemark Theaters.
1 mile southwest of North Medford High School with approximately 1,661 students.
2.5 miles south of Rogue Valley International-Medford Airport, a commercial airport offering ~56 arriving and departing flights daily to and from San Francisco, Portland, Seattle, Los Angeles, Denver, Las Vegas, Phoenix, Salt Lake City and San Diego.

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Listing ID: a28TP000001wnEHYAY