7-Eleven
Ellwood City, Pennsylvania
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NNN Pro Group is pleased to present the exclusive listing for a 7-Eleven located at 201 North Street located in Ellwood City, Pennsylvania. The property consists of roughly 3,000 rentable square feet of building space on an estimated 0.69 parcel of land.
7-Eleven is subject to a 13-Year Absolute Triple-Net (NNN) lease. The initial rent is $102,000 annually with 10% increases every 5 years throughout the base term and in each of the three (3), five (5)-year tenant renewal options, which extends the total possible lease term to 28 years.
About the Investment:
✓ Long Term 13-Year Absolute Triple-Net (NNN) Lease
✓ 10% Rental Increase Occurring in Year 4
✓ Three (3), Five (5)-Year Tenant Renewal Options
✓ Investment Grade Credit Guaranty | 7-Eleven Corporate (S&P: AA-)