Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple interest in a freestanding 7-Eleven (Speedway) located at 1490 S Sheldon Road in Plymouth, Michigan (the “Property”). 7-Eleven has been at the Property since it was constructed in 2007 and executed a new 15-Year Absolute NNN Lease in 2025, demonstrating their commitment to the site and market. The lease provides five (5) 5-year renewal options and calls for attractive 10% rent increases in year 11 and at the start of each renewal option.
7-Eleven is positioned at the signalized intersection of Sheldon Road and Ann Arbor Road within the established Plymouth market. The Property is shadow anchored by CVS and across the street from a Kroger anchored shopping center and benefits from convenient access to both residential neighborhoods and major regional transportation routes. Plymouth’s road network connects efficiently to M-14 and I-275, providing access to Ann Arbor, Detroit, Livonia, Canton, Northville and the broader Metro Detroit region.
The immediate trade area is supported by a substantial concentration of households, schools, employment and daily activity. The property is located within the Plymouth-Canton Community Schools district, with several schools (including Canton, Salem and Plymouth High Schools) within 1.3 miles. The surrounding area also contains significant employment concentrations, particularly along Ann Arbor Road, Haggerty Road and the M-14 corridor, creating an additional daytime and commuter customer base. The store operates 24 hours and offers fuel, hot foods, ATM, lottery, delivery and other convenience services, allowing it to capture both routine neighborhood demand and passing commuter traffic throughout the day.