7-Eleven | Option Executed | Long Commitment | Worcester, MA
Corporate 7-Eleven | Proven Location with 20+ Year Op | Recent Extension
Marketing description
SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased 7-Eleven located in Worcester, Massachusetts. This exceptional investment is secured by an absolute triple net (NNN) lease with 6 years of remaining term, along with 10% rent increases every 5 years.
7-Eleven is the world’s largest convenience store operator and one of the most recognized brands globally, operating over 85,000 locations worldwide. Backed by an investment-grade credit rating of an A- from Standard & Poor’s, the lease offers secure, long-term cash flow from a best-in-class operator.
Strategically located along Park Avenue, the main local thoroughfare, and less than 2 miles from highway I-290, the property benefits from superior visibility, signage, and access, with traffic counts exceeding 35,000 vehicles per day. The surrounding area has 12.5 million square feet of retail space and contains dense residential neighborhoods with excellent walkability and centrality to Clark University, St. Vincent Hospital, several parks and arboretums, and quality national retail tenants, including Wendy’s & McDonald’s.
With its strong real estate fundamentals, robust lease structure, investment-grade tenancy, and premier location, this offering represents a truly passive, low-risk opportunity in a key Massachusetts retail submarket.
Investment highlights
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) lease, meaning zero landlord responsibilities. Tenant is responsible for all operating expenses, including taxes, insurance, and maintenance.
- Structured Hedge Against Inflation | Lease includes 10% rent increases every 5 years, providing a built-in hedge against inflation and ensuring rental income growth over time.
- Corporate Guarantee | 7-Eleven provides a corporate guarantee, backed by an A credit rating, ensuring financial stability and security for the tenant.
- Proven Location | 7-Eleven has operated in this location for over 20 years, demonstrating the strength of the site and its continued success over time.
- Signalized Corner | Positioned at a signalized corner, providing high visibility and easy access, which increases traffic to the site.
- Committed to Location | 7-Eleven recently executed a lease extension, demonstrating their long-term commitment to the site and confidence in the location’s ongoing performance and strategic value.
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