Listed by Marcus & Millichap - Cincinnati
$11,595,479
7-Eleven, Inc., Speedway 24-Hour Store, S&P A-/Stable
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 5,372
Cap Rate 5.35%
NOI $620,358
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options Four, 5-yr Options
Year Built 2025
Buildings 1
Stories 1
Acreage 9.130
Investment Type Net Lease
Tenant Credit Credit Rated
Occupancy Date 09/18/2025
Ground Lease No
Ownership Fee Simple
Sale Condition N/A
Contact Agent Regarding Bonus Depreciation
Marketing description
Marcus & Millichap is pleased to present 7-Eleven, Inc. dba Speedway located on I-70 (64,712 VPD) within the Columbus, Ohio MSA. There is a brand new 15-year lease in place with 10% rental escalations every five-years in the base term, and each of the four, five-year options. Rent commenced on 9/20/2025+/-. The subject property is a large format Speedway store situated on approximately 9.12 acres featuring a Raise the Roost Chicken & Biscuits restaurant.
The store opening was the last week of September. For Q4 2025, Placer.ai ranks the subject property in the 70th percentile of all convenience stores nationwide for number of visits.
Investment highlights
- Brand New Construction, 15-Year Base Term, NNN Lease with 10% Rental Escalations Every 5-Years Including in all Options
- 7-Eleven, Inc. is S&P A-/Stable Credit rated
- High Demand Location - For First Full Quarter of Operation Placer Ranked Kirkersville in the 70th Percentile of all Gas-C-Stores Nationwide (All Brands)
- I-70 Interstate Location in Columbus, OH MSA, 64,712 VPD
- Close Proximity to Numerous Warehouse and Distribution Facilities such as Amazon, FedEx, DHL, Uline, and many more (See Map P. 6 of OM)
- 9.12+/- Acre Parcel
- Bonus Depreciation Eligible Fee Simple Ownership - Contact your Tax Advisor for Details
- Mission Critical Location - There Are Approximately 80 Speedway Locations in the Columbus Area, But Only 7 Other Strategically Located 7FLEET Diesel Network Locations (High-Speed Diesel) that Cover Interstate Routes Into and Out of the City Within 50 Miles (See Map P. 5)
- Columbus is BOOMING with over $58B in Business Starts and Expansion Commitments from 2021-2026 YTD, and projected growth of 270,000 new households by 2050
- Columbus is a Major, Global Logistics Hub Within a One Day's Drive of 60% of the U.S. Population, 50% of the Canadian Population, and 36% of U.S. Manufacturing Capacity
- Columbus Has One of the Few Dedicated Cargo Airports in the World, Rickenbacker International Airport, that is Also an Inland Port and a Free Trade Zone
- Speedway is, by far, the Predominant Gas/C-Store Brand in Ohio
Listing Contacts
Listed by Marcus & Millichap - Cincinnati
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$620,358.00
$51,696.50/mo
Valuation Metrics
0
DSCR
5.35%
Cap Rate
5.35%
ROI
Map
Zoning
B CommercialGeneral CommercialGeneral Business District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 42 uses
View all 42 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
