- For Sale $8,114,000
- Property Type Retail
- Property Size 4,824 SF
- Lot Size 1.44 Acre
- Date Updated Jul 17, 2026
Description
SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN-leased 7-Eleven convenience store and fuel station in Louisville, Kentucky. The property is leased to 7-Eleven, Inc. under a newly executed 15-year corporate lease with five 5-year renewal options, signed
by the corporate entity, 7-Eleven, Inc. (S&P: A–), with zero landlord responsibilities. The lease features 7.5% scheduled rental increases every five years, growing NOI contractually from $425,996 in Year 1 to $492,291 in Year 11. Built in 2026 to 7-Eleven’s latest prototype standard, the property may qualify for 100% bonus depreciation under the One Big Beautiful Bill Act (signed July 4, 2025), making it among the most tax-efficient acquisition structures available in the net lease market.
Traffic Counts
convenience retail site selection — and this one is on a 27,000 VPD
• Proximity to Interstate 265 (Gene Snyder Freeway, 73,100 VPD
Bardstown Road/U.S. Highway 31E & 150 27,000 VPD
U.S. Highway 841/Interstate 265 73,100 VPD
22,400 VPD 22,400 VPD
False
Contacts
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners