7-ELEVEN

INVESTMENT HIGHLIGHTS

• BEST-IN-CLASS GUARANTOR – 7-Eleven, Inc. is the premier name in the convenience retailing industry coming up on their 100-year anniversary in 2027, carrying an investment grade credit rating of ‘A’ by the S&P.
• ICONIC BRAND – 84,500 locations worldwide, 13,000+ in the United States and Canada. In addition to their 7-Eleven stores, they have also expanded into operating Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits, further committing one of the world’s most iconic brands to deliver customers “what they want, when, where, and how they want it.”
• RESILIENCE IN VARIOUS ECONOMIC CONDITIONS – The convenience store industry has shown resilience during economic fluctuations, providing essential goods and services that maintain steady consumer demand.
• LONG-TERM LEASE – ±11.5 years remaining on the base term of the lease with an additional three, 5-year renewal options.
• ABSOLUTE NNN LEASE – Creating a passive and reliable stream of income.
• SALT LAKE CITY MSA – Capital city in Utah that is rapidly growing in population, households, and income.
• LOWER RENT / PRICE POINT – For newer construction 7 Eleven properties.
• HEDGE AGAINST INFLATION – Includes attractive 10% rental increases every 5 years, including in the three 5-year renewal options.
• SURROUNDED BY NEW DEVELOPMENTS – This site is newer construction and surrounded by other new developments including residential, commercial, and a school right next door.
• FEE SIMPLE – Eligible for bonus depreciation – please consult with a CPA.
• LARGER LOT WITH MULTIPLE PUMPS – Site sits on ±0.99 acres of land and 10 pumps.
• HIGH TRAFFIC / SIGNALIZED CORNER – Situated at the high-traffic intersection of 5600 West (±34,146 VPD) and 4700 South (±13,017 VPD) with access from both streets