7Eleven Inc I 24Hour I Interstate Location I High… — Sale in Kirkersville, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Kirkersville, OH 43033

Investment Figures

Cap rate
5.35%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 7-Eleven, Inc. dba Speedway located on I-70 within the Columbus, Ohio Metropolitan Statistical Area. There is a brand new 15-year lease in place with 10 percent rental escalations every five-years in the base term, and each of the four, five-year options. The subject property is a large format Speedway situated on approximately 9.13 acres featuring a Raise the Roost Chicken & Biscuits restaurant. Investment Highlights: • 7-Eleven, Inc. Brand New Construction, 15-Year Base Term, Absolute Net Lease with 10 Percent Rental Escalations Every Five-Years Including in All Options • High Demand Location - Ranked 70th Percentile by Placer v All Gas/C-Stores Nationwide, Interstate Location • 24-Hour Store; Strategic High Speed Diesel and 7FLEET Location, Large Format Store • S&P A-/Stable Credit Rated; 7-Eleven, Inc. is the Largest Convenience Store Chain with Approximately 13,000 Locations in North America • Columbus is a Major Logistics Hub Within a One Day's Drive of 60 Percent of the U.S. Population and 50 Percent of the Canadian Population, Columbus has One of the Few Dedicated Cargo Airports in the U.S., Rickenbacker International Airport • Fee Simple Ownership - Bonus Depreciation! Ask Your Tax Advisor • No Right of First Refusal

Market Context

This retail in Kirkersville, OH is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Kirkersville, OH — view the full market.

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