Corporate 7-Eleven | High-Income Trade Area | Early 5-Year Lease Renewal

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a well-established corporate 7-Eleven (C-Store & Service Station) in Westminster, CO. 7-Eleven is the largest operator, franchisor, and licensor of convenience stores worldwide, operates over 13,000 stores in the U.S. and Canada (85,000 globally) and has an investment grade credit rating of “A” from S&P (Moody’s: “Baa2”). With over 26 years of successful occupancy, 7.4 lease years remaining in the primary term, two 5-year option periods, 10% rent increases every 5 years and minimal landlord responsibilities this asset is ideal for an investor seeking years of inflation resistant income.

The 3,030 SF building on large 1.37-acre parcel is located on the hard corner signalized intersection of Wadsworth Parkway and W 101st Avenue, which have a combined traffic count exceeding 47,900 VPD, and is an outparcel to the VASA Fitness anchored Standley Lake Market Place.

The Shops at Walnut Creek, a PetSmart, TJ Maxx & HomeGoods anchored community center is only 1.2 miles from the subject property while the Westminster Promenade is only 1.5 miles away. The Westminster Promenade redevelopment project comprises over 32 acres and over 1 million SF of retail, restaurants, hospitality, and residential attractions. Other nearby retailers include McDonald’s, Starbucks, Panera Bread, Target, King Soopers, Walgreens, Wells Fargo, La-Z-Boy and more.

This is an excellent opportunity to acquire a net leased 7-Eleven in the Denver MSA (population exceeding 3 million) with a long-term lease, multiple option periods, rent increases, corporate guarantee, and minimal landlord responsibilities, providing years of worry-free cash flows.

Available