7-Eleven
Retail | 5.25% CAP | 2,550 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 5401 Silver Hill Rd, District Heights, MD 20747. The site consists of roughly 2,550 rentable square feet of building space on an estimated 0.73-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 1/4/2021. The current annual rent is $173,910* and has scheduled increases of 10.00% every 5 years.
Investment highlights
Strong Corporate Guarantee | The lease is guaranteed by 7-Eleven, Inc. an outstanding A-rated credit (S&P) with decades of successful operations. 7-Eleven is the largest convenience store chain in the world, with over 60,000 in eighteen countries, of which over 10,700 in North America.
Qualifies for Bonus Depreciation | This 7-Eleven property qualifies for bonus depreciation. Please inquire with the listing broker for additional details, as well as a tax advisor.
Robust Traffic Counts | The property sits on a highly-active intersection between Silver Hill Rd & Pennsylvania Ave, averaging 37,542 and 37,899 vehicles daily, respectively. This provides the subject property with exceptional visibility and accessibility to an array of passing drivers each day.
Premier National Tenants | The property benefits from being positioned in a dense retail corridor, with many premier national tenants in the immediate area. Some of the nearby tenants include, but are not limited to: Chick-fil-A, Panda Express, Dunkin', Wendy's, and Jersey Mike's.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
