• 7-Eleven has 14+ years remaining on the lease, with five 5-year renewal options, demonstrating its long-term commitment to the site • The lease features annual 1.04% rental increases throughout the primary term and each option period, driving NOI growth and providing a built-in hedge against inflation • The lease is signed by 7-Eleven, Inc., investment grade (S&P: A-), a globally recognized and established convenience store/gas operator (14,000+ U.S. sites) • Fee-simple ownership of a convenience store may qualify for accelerated depreciation (see page 9 for additional details). Please consult with a qualified tax advisor regarding potential tax benefits. • In April 2014, 7-Eleven’s $1.8B acquisition of Sunoco, LP was announced, approved by shareholders in August 2014, and finalized in January 2018; the transaction included the acquisition of roughly 1,108 stores across 18 states • More info HERE and HERE