Tag: C-store

Mergers Re-Align Convenience-Store Rankings

M&As dominate the headlines for the convenience-store (C-Store) sector. For instance, 7-Eleven, offering everything from Big Gulps to gas (that is not a comment on their food offerings) now tops the list of stores by number since it bought some 1,000 units from Sunoco last year. With a AA-minus credit rating, 7-Eleven now operates 9200 shops.

Speedway comes in at #3, with 3900 stores, more than 1000 of which were picked up from Andeavor, and it boasts a BBB credit rating. (Interestingly, the transaction knocked Andeavor off the list entirely. It was #7 last year.) EG Group secured this year’s …

Amanda WillisMergers Re-Align Convenience-Store Rankings

Net Lease Report – C-Store Sector

We surveyed the Convenience Store (C-Store) sector and looked at high profile national tenants such as 7-Eleven, Wawa and Sheetz. We also considered some of the smaller regional chains like Cumberland Farms as well. In addition to these gas/market concepts there are also more traditional gas station convenience stores, such as Chevron or Valero. Even as the automotive sector slowly begins to transition to electric from gas we still see C-Stores as holding their value. We feel that they are well positioned for the sort of immediate need type of items that are for all intents and purposes are not …

Amanda WillisNet Lease Report – C-Store Sector

Calkain Achieves Lowest 7-Eleven Cap Rate in Northern Virginia

Jonathan Hipp Brokers Sale of Chantilly, VA 7-Eleven for $3.55M

Calkain Companies, a brokerage firm focusing solely on net lease, completed the sale of a 7-Eleven in Chantilly, Virginia for $3.55M.  This C-store asset, located at 43251 John Mosby Highway, is situated in South Riding, one of the nation’s most affluent neighborhoods, located within the richest county in the United States where the average household income is $152,000.  Jonathan Hipp, Calkain’s President and CEO, represented the seller in this transaction.…

Traci BidingerCalkain Achieves Lowest 7-Eleven Cap Rate in Northern Virginia