Property Details

7-Eleven

Pittsburgh, PA
Property ID: 9993

Financial Summary

Asking Price $1,680,000
Cap Rate 6.25%
Net Operating Income (NOI) $105,000
Lease Type NNN
Increases 10% Every 5 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Structured 10% rent increases every 5 years starting January 1, 2023
  • Average cap rate of 8.04% over life of the full lease
  • 7-Eleven operating history of 40 years at this location
  • Absolute NNN fee simple lease; No landlord responsibilities
  • Corner location with combined traffic counts of 15,000+ VPD
  • Strong investment grade credit S&P: AA-
  • Corporate guaranty
  • USTs replaced in 2007
  • VIEW 6 REASONS TO BUY THIS 7-ELEVEN

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

6403 Brownsville Road
Pittsburgh, PA

Leigh Cline7-Eleven