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| Price $927,273 | Built/Renov 1999 | Tenant 7-Eleven |
| Cap Rate 5.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,542
| Lease Start
03-23-1999
| #Units
83,282
|
| Price/SF $364.78 | Expiration
12-31-2034
| Tenant Type Convenience/Gas |
| NOI $51,000 | R. Term 10.3 | Ownership Fee Simple |
| Rent/SF
$20.06
| Increases 10.0%/5/yrs | Pop 5Mi 268,697 |
| Lot/AC 0.27 | Options 2/5yrs/10% | AHHI 5Mi $119,836 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of Walnut Avenue and Barrington Road, with access to a combined daily traffic count of 28,500 vehicles. The property is conveniently situated close to two primary thoroughfares, Irving Park Road (34,600 VPD) and the Elgin-O’Hare Expressway (69,000 VPD). Additionally, it is shadow anchored by Hanover Square shopping...
...Signalized intersection
In location for years
Near major nationals
Top 100 MSA
Strong demographics
Recently extended lease
Absolute NNN
Traded and rated company
Corporate Guarantee
Investment grade tenant
7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
