Cook Commercial Partners is pleased to present the opportunity to acquire an absolute NNN, corporate-leased 7-Eleven convenience store located in Fort Worth, Texas. The property is a retrofit remodel built out to 7-Eleven’s specifications in 2019 and operates as a full-service convenience store with fuel sales and a car wash, serving a strong, established trade area.
The asset is secured by a corporate 7-Eleven, Inc. lease with an original 15-year initial term, approximately 9 years of remaining lease term, and four (4) five-year renewal options, providing long-term income stability. The lease features 10% rental increases every 5 years, offering predictable income growth throughout the remaining primary term and option periods.
The property also benefits from an assumable note at a fixed interest rate of 3.85 percent, with a loan maturity (balloon) on January 1, 2030, providing attractive in-place financing in today’s interest rate environment.
7-Eleven is the global leader in convenience retail with 85,000+ locations worldwide, including 15,000+ in the U.S., and is backed by an “A” S&P credit rating, providing investors with a highly secure tenant profile.