Property Highlights

100% Bonus Depreciation: As a qualifying gas station asset, this property offers highly advantageous bonus depreciation potential, allowing investors to materially reduce taxable income and maximize early-year cash flow (consult CPA for applicability).

True Passive Income: Both tenants operate under NNN leases, with taxes, insurance, and maintenance expenses passed through the tenants.

Long Term Lease: 7-Eleven has +13 years remaining on its lease, complemented by three additional five-year renewal options. iVape offers further tenancy diversification and stability.

Attractive Rental Increases: 7-Eleven’s lease features 10% rent escalations every five years, while iVape benefits from 3% annual increases, delivering consistent income growth and a reliable hedge against inflation.

High-Quality Credit: The 7-Eleven lease is corporately guaranteed by 7-Eleven, Inc., an Investment Grade company with an “A” credit rating from S&P.

Long Term Operations: 7-Eleven has been operating at this location since 2017 and signed a 15-year renewal, demonstrating site commitment.

Location Highlights

Strong Retail Synergy: In close proximity to top national brands like Outback Steakhouse, Chick-fil-A, PetSmart, Costco, Target, and many more.

Prime Visibility & Access: Positioned along Research Blvd (±18,044 VPD), with frontage and direct access to U.S. Route 183 (±138,371 VPD), ensuring excellent exposure and a steady flow of customers.

Convenient Accessibility: The property features a dedicated exit lane directly from U.S. Route 183, offering unmatched convenience for commuters and travelers to refuel or stop in.