7-Eleven

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a newly constructed Corporate 7-Eleven (C-store & Service Station) in Las Vegas, NV.​ With a brand new 15-year primary term, four 5-year option periods, 10% rent increases every 5 years, corporate guarantee and limited landlord responsibilities, this asset is ideal for an investor seeking years of inflation resistant cash flows.​

Las Vegas (MSA population exceeding 2.95 million) has experienced strong demographic growth over the past several decades and is expected to continue this rapid expansion.​ 7-Eleven is the largest operator, franchisor and licensor of convenience stores worldwide, operates over 13,000 stores in the U.​S.​ and Canada (78,000 globally), and has an investment grade credit rating of “A” from S&P (Moody’s: Baa2).​

The new construction 3,062 SF building on 0.92-acre parcel with 12 fuel pumps is located on the hard corner signalized intersection of S Rainbow Boulevard and W Windmill Lane, which has a combined traffic count exceeding 44,300 VPD.​ Nearby retailers include Walmart Supercenter, Sprouts Farmers Market, Albertsons, Smith’s, Bank of America, Walgreens, Starbucks, McDonald’s, Wendy’s and KFC.​

This is an excellent opportunity to acquire a net leased 7-Eleven with a new long-term lease, 20 years in option periods, rent increases, corporate guarantee, and minimal landlord responsibilities, providing years of inflation resistant income.​

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  Brand New 15 Yr. Corporate NNN Lease (Fee Simple) by 7 Eleven Inc. - Best in Class Gas/C-Store Brand

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  High Density Signalized Hard Corner - Path of Growth for Booming Las Vegas Market - Tax Free State

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  Largest Convenience Store Chain in U.S. - #1 Fastest Growing Global Franchise in 2023 (Franchise 500)

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  Affluent Residential Area - Surrounded by Summerlin/Southern Highlands - Across from Smiths Grocery

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  Brand New 2024 Prototype - 10% Bumps - Gas with C Store - Bonus Depreciation! - World Famous City

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  Iconic American Brand - Best in Class Retailer Category - Lower Downside Risk - Generational Asset