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7-Eleven 1401 E Peckham Ln 2,760 SF Retail Building Reno, NV 89502 $3,350,208 CAD ($1,213.84 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Performing Store: Reports Store Sales — low rent-to-sales ratio. Contact broker for more details.
  • Strong Demographics: Over ±211,680 residents within a five-mile radius and more than ±400,363 within ten miles.
  • Excellent Highway Access: Located less than one mile from Interstate 580, which accommodates over ±134,000 vehicles per day.
  • Creditworthy Tenancy: Leased to 7-Eleven, an investment-grade tenant (S&P: A-)
  • Affluent Area: Average household income over ±$100,000 in a 5-mile radius

EXECUTIVE SUMMARY

David Harrington
License # B.1003120.CORP (NV)
Matthews Real Estate Investment Services, Inc
400 S. 4th St., Suite 500, Las Vegas, NV 89101

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,760 SF
Building Class
B
Year Built
1980
Price
$3,350,208 CAD
Price Per SF
$1,213.84 CAD
Cap Rate
5.50%
NOI
$184,261 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.41 AC
Zoning
NC

AMENITIES

  • Corner Lot
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

U.S. Bank
Crunch Fitness
Trader Joe's
Cheesecake Factory
L&L Hawaiian Barbecue
Olive Garden
Natural Grocers
Grocery Outlet
Anytime Fitness
the Human Bean

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-361-26
Land Assessment
$121,981 CAD
Improvements Assessment
$89,716 CAD
Total Assessment
$211,695 CAD
  • Listing ID: 38106237

  • Date on Market: 2025-10-16

  • Last Updated:

  • Address: 1401 E Peckham Ln, Reno, NV 89502

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