7 Eleven | $3,665,000| 5.50% CAP
» CORPORATE-GUARANTEED 7-ELEVEN LEASE 9.4 YEARS REMAINING: Corporate 7-Eleven Guaranty With Lease Term Through October 31, 2035; Current NOI Of $201,563.04 And Three, 5-Year Renewal Options Remain
» NNN LEASE STRUCTURE LIMITED LANDLORD RESPONSIBILITY: Tenant Pays Operating Expenses Under A Triple- Net Lease Structure; Landlord Responsibility Is Limited To Structure And Foundation
» 7.5% RENT INCREASES EVERY 5 YEARS: Contractual Escalations Increase Rent To $216,680.04 In 2030 And Up To $269,180.88 In The Final Option Period, Representing Approximately 34% Growth From Current Rent If All Options Are Exercised
» 7.5% RENT INCREASES EVERY 5 YEARS: Contractual Rent Growth Increases NOI From
$183,400 To $263,293 Over The Remaining Scheduled Rent Steps, Representing Approximately 43.56% Growth From The Current Rent.
» 24/7 FUEL & CONVENIENCE STORE SOUTH ROUTE 59 CORRIDOR: Freestanding 3,500 SF 7-Eleven With Fuel, Diesel, Delivery, Mobile Checkout, Lottery, Money Orders And 7-Eleven Wallet On A 43,124 SF Parcel
» PLAINFIELD RETAIL GROWTH NODE: Nearby Retail Momentum Includes Boulevard Place, A 172-Acre Mixed-Use Project Anchored By A 150,000 SF Costco, Plus A 243,500 SF Woodman’s Food Market Under Construction At Route 59 & 119th
» CHICAGO MSA SCALE 9.4M+ RESIDENTS: Plainfield Benefits From The Chicago-Naperville- Elgin MSA, Which Reached Approximately 9.41M Residents In 2024, Supported By A 4.9M-Person Labor Force And $900B+ In Annual Economic Output
