808 Gossett Rd., Spartanburg, SC, 29307
7-Eleven
Key Information
Highlights
• Strategic gas/c-store location directly off I-85 (±68,100 VPD)
• Ample fuel offering with 8 MPDs for 2-axel vehicles and a separate 4-lane diesel canopy
• Large parcel size of ±4.9 acres
• Multiple points of ingress/egress
• 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
• 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
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