Encore Real Estate Investment Services is pleased to present the fee-simple interest in a 24-hour 7-Eleven located along South Highland Drive between Sugar House and Millcreek. The property is secured by an absolute NNN lease with no landlord responsibilities and a corporate guarantee from 7-Eleven, Inc.
The location combines established daily-needs demand with one of the Salt Lake Valley's most active infill residential corridors. Nearly 1,000 new units have been reported around Millcreek's emerging town center roughly one mile south, while the 193-unit residences at Sugar Alley adds further density along Highland Drive to the north.
The tenant has occupied the site since 1964. Contractual 10% increases continue throughout the remaining term and all three five-year renewal options, creating measurable income growth without additional landlord capital.