Log In/Sign Up
Your email has been sent.
5601 Bardstown Rd
Louisville, KY 40291
7-Eleven | New 15-Yr Absolute NNN · Retail Property For Sale
Investment Highlights
- 100% Bonus Depreciation Permanently Reinstated | Significant Tax Efficiency
- Investment-Grade Tenant | Internet-Resistant, Recession-Resilient Business Model
- Ideal 1031 Exchange Replacement Property | Passive Income Profile
Executive Summary
SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN-leased 7-Eleven convenience store and
fuel station in Louisville, Kentucky. The property is leased to 7-Eleven, Inc. under a newly executed 15-year corporate lease with five 5-year renewal options, signed
by the corporate entity, 7-Eleven, Inc. (S&P: A–), with zero landlord responsibilities. The lease features 7.5% scheduled rental increases every five years, growing NOI contractually from $425,996 in Year 1 to $492,291 in Year 11. Built in 2026 to 7-Eleven’s latest prototype standard, the property may qualify for 100% bonus depreciation under the One Big Beautiful Bill Act (signed July 4, 2025), making it among the most tax-efficient acquisition structures available in the net lease market.
fuel station in Louisville, Kentucky. The property is leased to 7-Eleven, Inc. under a newly executed 15-year corporate lease with five 5-year renewal options, signed
by the corporate entity, 7-Eleven, Inc. (S&P: A–), with zero landlord responsibilities. The lease features 7.5% scheduled rental increases every five years, growing NOI contractually from $425,996 in Year 1 to $492,291 in Year 11. Built in 2026 to 7-Eleven’s latest prototype standard, the property may qualify for 100% bonus depreciation under the One Big Beautiful Bill Act (signed July 4, 2025), making it among the most tax-efficient acquisition structures available in the net lease market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,245 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$11,402,604 CAD
Price Per SF
$2,686.13 CAD
Cap Rate
5.25%
NOI
$598,652 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.44 AC
Zoning
C1-COMMERC
Parking
21 Spaces (4.95 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Signage
- Monument Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,468,777 CAD | |
| Land Assessment | $824,377 CAD | Total Assessment | $2,293,155 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$824,377 CAD
Improvements Assessment
$1,468,777 CAD
Total Assessment
$2,293,155 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
