7-Eleven (Speedway)

Ann Arbor is one of Michigan's most dynamic and economically resilient cities, recognized as a national center for education, healthcare, technology, and innovation. Home to University of Michigan, one of the nation's leading public research institutions, the city benefits from a highly educated workforce, world-class research facilities, and a thriving entrepreneurial ecosystem. Ann Arbor's diverse economy is driven by higher education, healthcare, advanced manufacturing, life sciences, and technology, attracting major employers, startups, and investment from around the world. Strategically located approximately 45 miles west of Detroit, Ann Arbor offers excellent regional connectivity through Interstate 94 and U.S. Highway 23, providing convenient access to major business and transportation hubs across southeast Michigan. The city's strong population growth, high household incomes, and exceptional quality of life continue to support robust commercial activity and consumer demand. Backed by a diverse economic base, nationally recognized institutions, and sustained private investment, Ann Arbor remains one of the Midwest's premier markets for businesses and long-term commercial real estate investment.Fortis Net Lease is pleased to present the opportunity to acquire a single-tenant 7-Eleven (Speedway) convenience store located at 2020 W Stadium Boulevard in Ann Arbor, Michigan. The property consists of a 2,334-square-foot retail building situated on 0.79 acres and is secured by an Absolute NNN lease, providing investors with a truly passive ownership structure with no landlord responsibilities. The asset is offered at $5,712,361, representing a 5.25% capitalization rate, and generates an annual Net Operating Income of $299,899. The lease commenced on December 11, 2025, and extends through December 31, 2040, providing long-term income backed by one of the nation's largest convenience store operators. The lease features 1.0% annual rent increases, offering consistent contractual income growth throughout the lease term. Strategically positioned along West Stadium Boulevard, one of Ann Arbor's primary commercial corridors, the property benefits from exceptional visibility, strong traffic counts, and convenient access to surrounding residential neighborhoods, retail centers, and the University of Michigan. Backed by the nationally recognized 7-Eleven (Speedway) brand and the essential nature of convenience retail and fuel operations, this offering presents investors with the opportunity to acquire a premier net lease asset supported by a long-term lease and predictable cash flow.