7-Eleven — Lakewood, OH

Investment Grade Tenant: Lease guaranteed by 7-Eleven Inc. (Investment Grade Credit Rating; S&P AA-)
– Recent lease extension with 8-years remaining on the primary term of the lease
– One 5-year Option with a 10% increase
– Absolute NNN lease offering passive income

Dense In-fill Location: property draws from the 30,000 people residing within 1-mile of the subject property with average house hold income of $65,000 per year

24 Hour location offering beer & wine sales

High quality concrete masonry construction

  • PRICE: $1,000,000

  • SQ FOOTAGE:  2,410

  • PRICE PER SQ FT: $414/94

  • LOT SIZE:  0.29 Acres

  • CAP RATE: 5.5%

  • LOCATION: Lakewood, OH

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