Investment Details
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7-ELEVEN / SPEEDWAY (DARK)
St. Cloud (Waite Park) |
Minnesota
Highlights
• 7-Eleven/Speedway has vacated the property & continues to pay rent. • There are 12+ years left on a NNN lease w/ annual CPI increases (min of 1% and max of 3% each year). • 8 fuel dispenses and a car wash. • Redevelopment opportunity. • Ability to receive additional rent by leasing 1,500 square foot apartment. • 7-Eleven acquired Speedway in 5/2021. 7-Eleven has over 13,400 stores in the U.S., & S&P rating of A
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7-ELEVEN / SPEEDWAY (DARK)
St. Cloud (Waite Park) |
Minnesota
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Highlights
• 7-Eleven/Speedway has vacated the property & continues to pay rent. • There are 12+ years left on a NNN lease w/ annual CPI increases (min of 1% and max of 3% each year). • 8 fuel dispenses and a car wash. • Redevelopment opportunity. • Ability to receive additional rent by leasing 1,500 square foot apartment. • 7-Eleven acquired Speedway in 5/2021. 7-Eleven has over 13,400 stores in the U.S., & S&P rating of A
Investment Details
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