Matthews Logo

Navigation Menu

808 Gossett Rd, Spartanburg, SC, 29307

7-Eleven
$10,685,715

Key Information

Cap Rate
5.25%
Tot. SF
4,824
Year Built
2025
Type
Retail
NOI
$561,000

Highlights

  • Optimal Lease Structure
    • Rare 18-year base term
    • Four (4), 5-year renewal options
    • Corporately guaranteed by 7-Eleven, Inc.
    • Investment Grade Credit- S&P “A” rating
    • Inflation hedge with 10% rent escalations every 6 throughout the base term and each option
    • Triple net (NNN) with no landlord responsibilities
    • Tax advantages with accelerated & bonus depreciation due to fee simple ownership *Consult with accountant.
  • Best-in-Class Tenant 
    • Largest convenience retailer in the US with 12,600+ stores
    • 85,000+ stores worldwide with locations across North America, Europe, Australia & Asia
    • 98+ year operating history
    • Market cap: $32.15 B
    • Revenue in 2024: $338 B
    • Parent Company, Seven & i Holdings Co., Ltd., actively investing to double U.S. store count

Photos

Location

Agents

Financing Agents

Broker of Record

Kyle Matthews

License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203