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7-Eleven – Houston, TX

Tenancy: 7-Eleven
Building Size: 4842 square feet
Renewal Options: Five 5-Year Options
Lease Expiration: March 2036
Rental Increases: 10% Every 5-Years

Single-Tenant 7-Eleven (Convenience Store/Gas Station)

  • Absolute NNN lease, zero landlord responsibilities, fee simple ownership
  • Brand new 2021 construction, expected opening May 2021
  • New 15-year initial lease term with 10% increases every 5 years
  • Corporately guaranteed lease with an Investment Grade Tenant (S&P: AA-)
  • 7-Eleven is consistently the #1 convenience store chain in America with over 9,400 stores nationwide (71,000 stores globally)