7-Eleven Retail Building

• 100% Bonus Depreciation – A cost segregation study may allow a significant portion of the property to be depreciated over accelerated schedules, potentially creating meaningful tax advantages and enhanced early-year cash flow. Investors should consult with their tax advisor regarding eligibility and applicability.
• True Passive Income – Both tenants operate under NNN leases, with taxes, insurance, and maintenance expenses passed through the tenants.
• Long Term Lease – 7-Eleven has ±12.36 years remaining on its lease, complemented by three additional five-year renewal options. iVape offers further tenancy diversification and stability.
• Attractive Rental Increases – 7-Eleven’s lease features 10% rent escalations every five years, while iVape benefits from 3% annual increases, delivering consistent income growth and a reliable hedge against inflation.
• High-Quality Credit – The 7-Eleven lease is corporately guaranteed by 7-Eleven, Inc., an Investment Grade company with an “A” credit rating from S&P.
• Long Term Operations – 7-Eleven has been operating at this location since 2017 and signed a 15-year renewal, demonstrating site commitment.
• Strong Retail Synergy – In close proximity to top national brands like Outback Steakhouse, Chick-fil-A, PetSmart, Costco, Target, and many more.
• Prime Visibility & Access – Positioned along Research Blvd (±18,044 VPD), with frontage and direct access to U.S. Route 183 (±138,371 VPD), ensuring excellent exposure and a steady flow of customers.
• Convenient Accessibility – The property features a dedicated exit lane directly from U.S. Route 183, offering unmatched convenience for commuters and travelers to refuel or stop in.