www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29846762
29828621

808 Gossett Rd, Spartanburg, SC 29307

SM
GA 249161, GA: 249161 (+1)
Matthews
JK
FL 3224428, GA 348701 (+2)
Matthews
GM
GA 430218, AL 000174405
Matthews
Listed by Matthews
$10,685,715
9 days on market
Updated 9 days ago

7-Eleven | 18-Yr NNN | Open - Bonus Depreciation

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,824
Net Rentable (SqFt) 4,824
Cap Rate 5.25%
NOI $561,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type NNN
Rent Bumps Yes
Lease Options Four, 5-Year Options
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Acreage 4.900
Parking Spaces 32 spaces
Parking Per SqFt 6.63
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Spartanburg-Greenville MSA | Frontage Along I-85

Investment highlights

Optimal Lease Structure

  • Rare 18-year base term
  • Four (4), 5-year renewal options
  • Corporately guaranteed by 7-Eleven, Inc.
  • Investment Grade Credit- S&P “A” rating
  • Inflation hedge with 10% rent escalations every 6 throughout the base term and each option
  • Triple net (NNN) with no landlord responsibilities
  • Tax advantages with accelerated & bonus depreciation due to fee simple ownership (Consult with accountant)

Best In Class Tenant

  • Largest convenience retailer in the US with 12,600+ stores
  • 85,000+ stores worldwide with locations across North America, Europe, Australia & Asia
  • 98+ year operating history
  • Market cap: $32.15 B
  • Revenue in 2024: $338 B
  • Parent Company, Seven & i Holdings Co., Ltd., actively investing to double U.S. store count

Strong Real Estate Fundamentals

  • Strategic gas/c-store location directly off I-85 (±68,100 VPD)
  • Ample fuel offering with 8 MPDs for 2-axel vehicles and a separate 4-lane diesel canopy
  • Large parcel size of ±4.9 acres
  • Multiple points of ingress/egress

Listing Contacts

SM
GA 249161, GA: 249161 (+1)
Matthews
JK
FL 3224428, GA 348701 (+2)
Matthews
GM
GA 430218, AL 000174405
Matthews
Listed by Matthews

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
$561,000.00
$46,750.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

Map

Zoning

Intelligence Badge
PR SpecialPartial Restriction
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 123 uses
View all 123 uses
Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kyle Matthews
License
105710, 22684 (SC)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591