| Purchase Price | $4,633,333 |
|---|---|
| Annual Rental Income | $278,000 |
| Cap Rate | 6% |
| Lease Term | 10 Years |
| City | Chicago MSA |
For Sale: 7-Eleven Absolute NNN Investment | Chicago MSA, Illinois
This is a rare opportunity to acquire a long-term, absolute NNN 7-Eleven property located in the thriving Chicago MSA. This passive, income-generating investment features a high-credit A-rated corporate guarantee from 7-Eleven, a true triple net lease structure with zero landlord responsibilities, and built-in rental increases for long-term value growth. Situated on a large hard-corner parcel with excellent visibility, this location offers both strong cash flow and strategic real estate fundamentals.
The lease is structured as absolute NNN, meaning the tenant is responsible for all taxes, insurance, maintenance, and capital expenditures, including roof and structure. The property is backed by a long-term lease with an A-rated corporate tenant, providing investors with peace of mind and consistent monthly income. Scheduled rent increases every five years throughout the base term and options provide a natural inflation hedge, increasing your return year over year.
Strategically positioned on a busy hard corner intersection within the Chicago metro area, this property boasts daily traffic counts exceeding 48,000 vehicles. Located in a well-established, high-density retail corridor, the property is surrounded by major national and regional tenants including McDonald’s, AutoZone, Starbucks, Walgreens, Dunkin’, and Chase Bank. The strong retail synergy in this area contributes to consistent consumer draw and stable tenant performance.
The site sits on over 1.1 acres, offering a large parcel in an infill location—a rare combination in the Chicago MSA. This sizeable lot allows for long-term redevelopment potential while holding immediate value through existing tenancy. The building is modern and functional with multiple access points and high street visibility, ideal for consistent customer traffic and operational success.
Demographics in the surrounding area are highly favorable. Within a five-mile radius, the population exceeds 210,000 people, and within ten miles, the number rises to over 630,000. Average household income in the five-mile radius is approximately $89,000, while within ten miles, it is roughly $91,500. These numbers reflect a strong consumer base and growing demand for retail and convenience services.
The Chicago MSA is the third-largest metropolitan economy in the United States, home to major Fortune 500 companies and a diverse employment base. It offers access to a robust transportation infrastructure, a deep labor pool, and one of the most dynamic retail markets in the Midwest. Despite national headwinds, the Chicago metro area continues to experience urban revitalization, strong retail occupancy, and corporate expansion, making it a resilient and attractive investment market.
The surrounding community continues to benefit from new residential developments, multifamily construction, and infrastructure investment. Proximity to major roadways, public transit lines, and dense neighborhoods make this 7-Eleven location a critical stop for daily commuters and residents alike.
In addition to its prime location and solid tenant, this property qualifies for 100% bonus depreciation, offering significant tax advantages for eligible investors. When structured correctly with guidance from a CPA, this can provide accelerated depreciation schedules that reduce taxable income and increase overall return on investment.
Whether you’re looking to complete a 1031 exchange, add a long-term cash-flowing asset to your portfolio, or diversify into an ultra-low maintenance investment, this 7-Eleven asset stands out as a high-performing property with institutional-grade characteristics:
This investment delivers everything savvy NNN investors are looking for: security, simplicity, long-term value growth, and excellent location fundamentals. Don’t miss your opportunity to own a flagship retail asset in one of the country’s most sought-after investment markets.
Contact us today to request the full investment package, including lease abstracts, rent schedule, and site-level demographics. Let us help you evaluate how this 7-Eleven opportunity in the Chicago MSA can be the next cornerstone of your triple net portfolio.