7-ELEVEN

Rare 15-Year Lease Extension: 7-Eleven signed a 15-year lease extension – a term seldom granted by the tenant – highlighting the location’s strong sales and strategic importance within their portfolio.
Absolute NNN Lease: Zero Landlord Responsibilities: ±15 years remaining (expires June 2040) with three 5-year options and 10% rent increases every 5 years, providing strong long-term cash flow and built-in income growth.
100% Bonus Depreciation Eligible: Property qualifies for year one bonus depreciation or 15 year accelerated depreciation (consult with your tax professional).
Corporate Guarantee: Investment-Grade Credit: Lease guaranteed by 7-Eleven, Inc. (S&P: A rating), the world’s largest convenience retailer with over 83,000 stores globally.
Established, High-Performing Location: Operating successfully since 2008; proven track record indicates strong sales and high tenant commitment.
Highly Strategic Highway Location: Prominent corner site just off U.S. Highway 385 and U.S. Route 34, capturing both local and traveler traffic; includes gas pumps for added customer draw.
Low Rent Enhances Tenant Stability: Current rent significantly below typical 7-Eleven rent levels, reducing turnover risk and supporting long-term occupancy.
Limited Local Competition: Only nationally branded convenience store in Wray, CO; dominant market position ensures continued strong performance.

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