- CORPORATELY GUARANTEED LEASE WITH 7-ELEVEN, INC. | INVESTMENT GRADE CREDIT (S&P: A-) | 7-ELEVEN IS THE
LARGEST C-STORE RETAIL CHAIN IN THE WORLD | 77,000+ STORES WORLDWIDE / 13,000+ LOCATIONS IN NORTH AMERICA
- LONG-TERM COMMITMENT | 10.4 YEARS OF PRIMARY TERM REMAINING | 10.00% RENTAL INCREASES EVERY 5 YEARS DURING THE BASE TERM | 7.50% RENTAL INCREASES DURING EACH OF THE FIRST 4 (5-YEAR) OPTIONS | FMV IN OPTION 5 | EXTREMELY PASSIVE ABSOLUTE NNN LEASE | FEE SIMPLE LEASE, ALLOWING FOR ACCELERATED DEPRECIATION
- LOCATED ON SOLOMONS ISLAND RD (14,140 VPD) | 0.57 MILES FROM SOUTHERN MARYLAND BLVD/ROUTE 4 (29,758 VPD)| LOCATED 25 MILES SOUTHEAST OF WASHINGTON D.C.
- SUNDERLAND, MD LOCATION | STABLE & AFFLUENT DEMOGRAPHICS | CLOSE PROXIMITY TO THE WASHINGTON D.C & BALTIMORE, MD DOWNTOWNS