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Investment Highlights

  • The 7-Eleven properties have over 6 years remaining on their Absolute NNN leases with no landlord responsibilities
  • 7-Eleven is one of the largest retailers in the world with over 54,000 stores across the world
  • In 2012 7-Eleven Corporate acquired all the locations from another operator and spent substantial capital converting them to the brand
  • Walgreens has just over 8 years remaining on their original 25-year absolute NNN lease
  • Gas Stations qualify for bonus depreciation, which allows for the write off on the purchase year one

Executive Summary

Broker of Record | Kyle Matthews | Lic No. REC.2022007141 (OH) | Matthews Real Estate Investment Services, Inc | (866) 889-0550
Broker of Record | Matt Fitzgerald | Lic No. 938105-91 (WI) | Matthews Real Estate Investment Services, Inc | (866) 889-0550

Property Facts

Price $57,166,252 CAD
Price / SF $1,368 CAD / SF
Cap Rate 6.26%
Sale Type Investment
Status Active
Number of Properties 12
Individually For Sale 0
Total Building Size 41,781 SF
Total Land Area 13.16 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1614 Merriman Rd, Akron, OH 44313 Retail 2,477 SF 1997 -
15 Pearl Rd, Brunswick, OH 44212 Retail 2,448 SF 1999 -
17644 Chillicothe Rd, Chagrin Falls, OH 44023 Retail 1,872 SF 1994 -
5711 Heisley Rd, Mentor, OH 44060 Retail 1,176 SF 1994 -
8 E Erie St, Painesville, OH 44077 Retail 980 SF 1994 -
959 Steels Corners Rd, Stow, OH 44224 Retail 2,700 SF 1994 -
9202 State Route 14, Streetsboro, OH 44241 Retail 1,800 SF 1995 -
16625 Royalton Rd, Strongsville, OH 44136 Retail 2,659 SF 1984 -
8775 Darrow Rd, Twinsburg, OH 44087 Retail 2,480 SF 1998 -
2865 Bishop Rd, Wickliffe, OH 44092 Retail 4,353 SF 2001 -
2481 Som Center Rd, Willoughby, OH 44094 Retail 4,136 SF 2002 -
Walgreens
2625 W National Ave, Milwaukee, WI 53204
Retail 14,700 SF 2006 -
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  • Listing ID: 28387186

  • Date on Market: 2023-05-03

  • Last Updated:

  • Address: OH 7-Eleven Portfolio & WI Walgreens, Milwaukee, WI

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