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1401 E PECKHAM LN, Reno, NV, 89502

7- Eleven
$2,400,000

Key Information

Cap Rate
5.5%
Tot. SF
2,760
Year Built
1980
Term Remaining
±4.83 Yrs
Type
Retail

Highlights

  • High Performing Store: Reports Store Sales — low rent-to-sales ratio. Contact broker for more details.
  • Creditworthy Tenancy: Leased to 7-Eleven, an investment-grade tenant (S&P: A-)
  • Demonstrated Tenant Commitment: 7-Eleven exercised an early lease extension in 2025 and over 40+ years of operating history at this location, underscoring long-term operational stability
  • Strong Demographics: Over ±211,680 residents within a five-mile radius and more than ±400,363 within ten miles.
  • Affluent Area: Average household income over ±$100,000 in a 5-mile radius
  • Excellent Highway Access: Located less than one mile from Interstate 580, which accommodates over ±134,000 vehicles per day.
  • Dense National Retail Presence: Surrounded by a wide array of national retailers and QSR tenants, including Chick-fil-A, Starbucks, Chipotle, Dutch Bros Coffee, Raising Cane’s, and McDonald’s, among others.
  • Established Big Box Corridor: Adjacent to major shopping centers anchored by national brands such as Walmart Supercenter, Target, Whole Foods, Lowe’s, Best Buy, Trader Joe’s, Burlington, CVS, and The Home Depot.
  • Proximity to Convention Hub: Less than one mile away from the Reno-Sparks Convention Center, a ±600,000 SF exhibition facility hosting high-profile national sporting events and conferences annually.
  • Nearby Resort-Casinos: Minutes from Peppermill Reno and Atlantis Casino Resort Spa—two AAA Four Diamond properties offering over 2,400+ guest rooms, extensive gaming, spa, and convention facilities.
  • Access to Regional Mall: Less than one mile away from Meadowood Mall, a ±901,000 SF super-regional center anchored by Macy’s, Dillard’s, Dick’s Sporting Goods, and JCPenney.
  • Close to Reno-Tahoe International Airport: Situated within three miles of RNO, which serves approximately 4.8 million passengers annually and contributes $3.6 billion in total economic impact.

Photos

Location

Agents

Broker of Record

David Harrington

License # B.1003120.CORP (NV)
Matthews Real Estate Investment Services, Inc
400 S. 4th St., Suite 500, Las Vegas, NV 89101