SPEEDWAY

Recent Long-Term Lease Extension: The tenant has demonstrated significant commitment to the location by executing a lease extension exceeding 10 years.
Absolute NNN Lease Structure: The lease is structured as absolute triple-net (NNN), with the tenant responsible for all property expenses, including maintenance, real estate taxes, and insurance—resulting in zero landlord responsibilities.
Established Operating History: Speedway has continuously operated at this location since 1981, reflecting long standing performance and site stability.
Corporate Guarantee by 7-Eleven: The lease is backed by Speedway, a subsidiary of 7-Eleven, Inc., which is owned by Seven & i Holdings Co., Ltd. The $21 billion acquisition expanded 7-Eleven’s North American footprint to approximately 14,000+ locations, enhancing credit quality and operational scale.
Built-In Rental Escalations: The lease includes 10% rental increases, providing a reliable hedge against inflation and supporting long-term income growth.

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