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7 Eleven
Riverside, IL 60546
7-Eleven · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,000 SF
Building Class
B
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.48 AC
Zoning
R, Riverside

ABOUT 7 ELEVEN , RIVERSIDE, IL 60546

We are pleased to present an opportunity to purchase an absolute NNN, fee simple ground lease to 7 Eleven, Inc - the largest convenience store chain in the world currently rated AA-, Outlook: Stable by Standard and Poor (Investment Grade). Exceptionally located next to Costco and surrounded by dense single family development, the subject property sits in the heart of the major retail corridor for Riverside, IL. Additionally, this offering provides investors stable long-term income with inflation hedges as 7-Eleven has recently executed a new 10 year extension with 3-5 year options and 7.50% increases every 5 years. Moreover, the property sits across from J. Sterling Morton West High School (+/- 3,500 enrolled students); and benefits from over 620,000 residents within a 5-mile radius and an AHHI of $81,635 within a 1-mile radius. 7-Eleven owns and operates over 50,000 stores across the globe and generates approximately $84 Billion in annual sales while employing over 45,000 people. This is a great opportunity to purchase a proven 7 Eleven with a recently executed 10 year extension, with zero landlord responsibilities, in an exceptional retail location.

PROPERTY TAXES

  • Listing ID: 11709716

  • Date on Market: 2/23/2018

  • Last Updated:

  • Address: 7 Eleven, Riverside, IL 60546