- The tenant, 7-Eleven, recently executed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
- The lease features 10% rental increases throughout the initial term and at the beginning of each option to extend, increasing the NOI and providing a hedge against inflation
- 7–Eleven, Inc. is the premier name in the convenience-retailing industry. Based in Irving, Texas, 7–Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada
- Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
- No landlord responsibilities
- Ideal, management-free investment for an out-of-state, passive investor in a state with no state income tax





