7-Eleven
Retail | 5.50% CAP | 2,940 SqFt
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple interest in a single-tenant, freestanding 7-Eleven located at 125 Loudon Road in Concord, New Hampshire (the “Property”). 7-Eleven has been located at the Property for over 20 years; the site was built for them in 2003 and they have since executed two lease extensions, demonstrating their commitment to the site and market. 7-Eleven currently subleases the Property to Quick Mart while remaining the guarantor on the lease. The lease is structured as a Triple Net (NNN) lease and has over five (5) years of term remaining, followed by one (1) five (5)-year renewal option, with an attractive 10% rent increase at the commencement of the renewal option. The Property is well positioned along Loudon Road (U.S. Route 9) and benefits from strong visibility and prominent frontage at a signalized intersection, with convenient access points for ingress and egress. 7-Eleven is located along one of Concord’s primary commercial corridors and is just minutes from downtown Concord, providing direct connectivity to Interstate 93 and Route 393 for easy regional access. The Property is surrounded by a mix of national retailers, local businesses, and dense residential neighborhoods, and is in close proximity to major employment drivers, retail centers, and medical facilities that generate consistent daily traffic from area residents, employees, and commuters.
Investment highlights
LONG TERM OCCUPANCY: 7-Eleven has been the tenant at the Property since its construction in 2003 and has extended their lease twice, demonstrating their commitment to the site and market. There are currently over 5 years of term remaining followed by one (1), 5-year renewal option.
ZERO MANAGEMENT RESPONSIBILITIES: 7-Eleven has a Triple Net (NNN) Lease and requires zero management responsibilities, making it an attractive investment for the passive real estate investor.
SCHEDULED RENT INCREASE: The lease includes an attractive ten 10% percent rent increases at the start of its last remaining renewal option period, providing a steady increase in income and an attractive hedge against inflation.
INVESTMENT GRADE CREDIT: 7-Eleven, Inc., the Irving, Texas-based C-Store chain operates, franchises and/or licenses approximately 85,000 stores in 20 countries, including nearly 13,000 locations in North America, making it the largest retailer in the world. The company holds an investment grade credit rating of A- (S&P).
POTENTIAL BONUS DEPRECIATION: The Property may qualify for 100% Bonus Depreciation – Consult with your CPA or Tax Professional.
STRATEGIC RETAIL LOCATION: The Property is strategically located at a signalized intersection on Loudon Road (U.S. Route 9), one of the primary commercial corridors in Concord with a strong concentration of national retailers and local businesses and services, supported by dense residential neighborhoods. The Property benefits from excellent visibility, prominent frontage, and convenient access, with multiple points of entry. Loudon Road serves as a key connector to downtown Concord and the greater Capital Region, providing direct access to Interstate 93 and Route 393. The Property is a short drive to major regional drivers including retail centers, medical facilities, and government offices, and is just minutes from downtown Concord.
TRADE AREA: Retailers driving traffic to the trade area include a Walmart Supercenter, Home Depot, Target, Shaw’s, Best Buy, Michaels, Ocean State Job Lot, Lowe’s, Burlington, Marshalls, Market Basket, Staples, TJ Maxx, Hannaford, Aldi, Raising Cane’s, CVS, McDonald’s, Walgreens, Wendy’s, Sherwin Williams, Burger King, Advance Auto Parts, Dunkin’ and many others.
TRAFFIC COUNTS: On average, more than 16,200 vehicles pass by the Property each day at the signalized intersection of Loudon Road and Ormond Street.
DEMOGRAPHICS: Over 29,300 people live within 3 miles of the Property with an average household income of $115,554. Additionally, there are an impressive 33,100+ employees working within the same 3-mile radius of the Property.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
