Listed by Bang Realty, Secure Net Lease
$9,062,000
7-Eleven
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,068
Cap Rate 5%
NOI $453,089
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 10/01/2036
Remaining Term 10.3
Rent Bumps Yes
Lease Options (4), 5-Year Options to Renew
Year Built 2004
Year Renovated 2025
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2021
Ground Lease No
5.00% CAP | TAX FREE STATE
Marketing description
- Projected Rent Commencement: October 2021
- 2025 Remodel – Showing Strong Commitment to the Site
- Brand New 15-Year Absolute NNN Lease with 7.5% rent increases every 5 years, and (4) 5-Year Options to Renew
- High-Traffic Corridor on U.S. Route 1 the subject property sits along Lafayette Road (U.S. Route 1) carrying 18,000+ VPD, with direct proximity to I-95 — the region's primary north-south interstate carrying 100,000+ VPD — linking Boston, MA to Portland, ME and making this one of the most heavily traveled commercial corridors on the New Hampshire Seacoast.
- Dense National Retail Corridor the immediate trade area is anchored by Lowe's, The Home Depot, BJ's Wholesale Club, Market Basket, and Shaw's Grocery, forming one of the strongest power-center clusters in the state, further supported by T.J.Maxx, Michaels, Staples, CVS, Walgreens, and numerous QSR operators.
- Institutional Demand Drivers and Affluent Demographics the University of New Hampshire (15,000+ students) and Pease International Tradeport (9,000+ employees) anchor the broader Seacoast region, while the 5-mile trade area reports a median household income of $118,228 — well above the national average — across 18,410 households and a population of 40,434.
- Investment-Grade Corporate Guarantee the lease is corporately guaranteed by 7-Eleven, Inc., a subsidiary of Seven & i Holdings Co., Ltd. (TYO: 3382), rated A- by S&P and Baa2 by Moody's, operating 85,000+ locations globally and holding an estimated 22.5% share of total U.S. convenience store industry revenue.
- Portsmouth–Dover–Rochester MSA, New Hampshire Hampton is a coastal community within the Portsmouth–Dover–Rochester MSA, benefiting from no state income tax and no state sales tax, with Hampton Beach drawing 2M+ annual visitors and tourism spending surpassing pre-pandemic records year over year.
Investment highlights
- Absolute NNN Lease Corporately Guaranteed by 7-Eleven, Inc. (S&P: A-)
- 2025 Remodel – Showing Strong Commitment to the Site
- 18,000+ VPD on Lafayette Road (U.S. Route 1) with Proximity to I-95 (100,000+ VPD)
- 10+ Years Remaining with Four Five-Year Renewal Options Through 2056
- Hampton Beach — New Hampshire's Only Ocean Beach; 2M+ Annual Visitors
- Affluent Trade Area $118,228 Median Household Income within 5 Miles
Listing Contacts
Listed by Bang Realty, Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$453,089.00
$37,757.42/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Zoning
TC-N MixedMixed UseTown Center North
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View all 28 uses Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics
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