Listed by Foundry Real Estate Development
Unpriced
18-YR INITIAL TERM 7-Eleven - Bridgeville, DE
Details
Property Type Retail
Sub Type Gas Station
Square Footage 4,063
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type Absolute NNN
Lease Term 18.1
Lease Expiration 06/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 4-Five Year
Year Built 2023
Buildings 1
Stories 1
Acreage 3.090
Zoning Commercial
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/01/2023
Occupancy Date 06/01/2023
Ground Lease No
Ownership PennTex Ventures, LLC
Newly Built Absolute NNN 7-Eleven
Marketing description
*RARE 18-YR INITIAL TERM*
-18-yr Absolute NNN Lease
-Zero Landlord Responsibilities
-4-Five Year Options
-10% Rental Increases Every 5 Years
-Brand New Construction with Accelerated Depreciation Benefits
-Corporate Guaranteed by 7-Eleven, Inc. (Investment Grade Rating A)
-Rent commenced June 1, 2023
-Site includes gas – 8 regular, 4 diesel
Investment highlights
*RARE 18-YR INITIAL TERM*
-18-yr Absolute NNN Lease
-Zero Landlord Responsibilities
-4-Five Year Options
-10% Rental Increases Every 5 Years
-Brand New Construction with Accelerated Depreciation Benefits
-Corporate Guaranteed by 7-Eleven, Inc. (Investment Grade Rating A)
-Rent commenced June 1, 2023
-Site includes gas – 8 regular, 4 diesel
Listing Contacts
Listed by Foundry Real Estate Development
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$428,486.00
$35,707.17/mo
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
B-1 CommercialNeighborhood CommercialNeighborhood Business
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 67 uses
View all 67 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
