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Matthews Facilitates All-Cash Sale of 7-Eleven in Maryland

Blog Image for Ocean Gateaway 7-Eleven Closing PR

BALTIMORE, MD— Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of a 7-Eleven featuring fuel service with an on-site car wash, located at 11624 Ocean Gateway in Ocean City, Maryland. Kyle Matthews was the Broker of Record in this transaction.

 

Referred through an existing Matthews™ client relationship, the buyer pursued the opportunity as their first NNN purchase, specifically seeking to take advantage of 100-percent bonus depreciation through a net-leased investment backed by a corporate tenant and durable location fundamentals. With a year-end tax-planning deadline, the buyer needed a defined closing timeline and an efficient path through due diligence.

 

Matthews™ navigated a highly competitive bidding environment to execute the all-cash transaction on an accelerated timeline. By proactively managing third-party reporting and the due diligence phase, the agent ensured a seamless closing that satisfied the buyer’s tax-planning requirements and secured a high-quality, net-leased retail investment.

 

For more information, please visit www.matthews.com.

 

Kyle Matthews License No. 664913 (MD)

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

 

PRESS CONTACT

Leanne Jenkins

(805) 807-3149

leanne.jenkins@matthews.com

Net Lease Retail

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