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31997 Beaver Run Dr
4,505 SF Retail Building Salisbury, MD 21804 $8,008,000 ($1,778/SF) 5.35% Cap Rate
Executive Summary
Brand New Construction
15-yr Absolute NNN Lease
4-Five Year Options
10% Rental Increases Every 5 Years
Corporate Guaranteed by 7-Eleven, Inc. (Investment Grade Rating A)
Rent commenced May 1, 2024
30,611 Average Daily Traffic
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Retailer
- -
- -
- -
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Retailer | - | - | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 05-106370 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,760,500 |
PROPERTY TAXES
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31997 Beaver Run Dr
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