Purchase Price | $4,424,000 |
---|---|
Annual Rental Income | $276,500 |
Cap Rate | 6.25% |
Lease Term | 9 Years |
City | Jackson MSA |
7-Eleven Net Lease Investment Opportunity
Jackson, TN MSA
9-Year Absolute Triple Net Lease | Corporate Guarantee | Hard Corner Location
This offering presents an outstanding opportunity to acquire a 7-Eleven convenience store and fueling station in the Jackson, Tennessee Metropolitan Statistical Area. Featuring a 9-year absolute triple net (NNN) lease guaranteed by 7-Eleven, Inc., this property provides investors with secure, predictable income backed by one of the most recognized convenience retail brands in the world. The site benefits from a prime hard-corner location with excellent visibility and strong traffic counts, combined with a growing consumer base in a high-demand market.
Location and Market Overview
Jackson, located midway between Memphis and Nashville, is a thriving hub for commerce, education, healthcare, and manufacturing in West Tennessee. The Jackson MSA serves as the regional center for surrounding counties and benefits from steady population growth, a diverse economic base, and its strategic placement along Interstate 40. This central location has made Jackson a key regional market with strong demand for convenience retail and fueling services.
The property is strategically located at a hard corner with daily traffic counts exceeding 28,000 vehicles, ensuring exceptional visibility and accessibility. The immediate area features a dense mix of residential neighborhoods, schools, healthcare providers, and retail centers anchored by national and regional brands.
Demographics
The property is supported by a strong consumer base. Within a three-mile radius, the population exceeds 48,000 residents with average household incomes of approximately $72,000. Expanding to five miles, the population grows to over 105,000. This balance of density and income levels aligns well with 7-Eleven’s proven convenience and fuel retailing model.
Property Details
The property consists of a freestanding 7-Eleven convenience store and fueling station totaling approximately 4,000 square feet on a 1.3-acre parcel. Built to 7-Eleven’s modern prototype standards, the store features a high-visibility fueling canopy, multiple fuel dispensers, and a contemporary store layout optimized for high-volume sales. The site provides ample parking, excellent ingress and egress, and strong street exposure from both directions.
Fee simple ownership ensures long-term stability and full control over the land and improvements.
Lease Structure and Tenant Guarantee
The property is secured under a 9-year absolute triple net (NNN) lease with 7-Eleven, Inc., a subsidiary of Seven & i Holdings Co., Ltd., which operates, franchises, and licenses over 13,000 stores across the United States and more than 83,000 globally.
Under the absolute NNN structure, 7-Eleven is responsible for all property expenses, including real estate taxes, insurance, and maintenance, providing ownership with a completely passive investment. The lease includes rental increases every five years, enhancing income stability and growth.
With an A-rated corporate guarantee, 7-Eleven delivers unmatched credit security, making this investment highly attractive to institutional and private buyers alike.
Surrounding Area and Trade Drivers
The Jackson MSA benefits from its strategic location between two major Tennessee cities, strong employment from the healthcare and education sectors, and steady residential growth. The property is positioned to capture daily traffic from both local residents and commuters traveling along key thoroughfares. Its placement within a dense retail corridor ensures strong co-tenancy with grocery anchors, national quick-service restaurants, and service-oriented tenants, further driving daily traffic to the site.
Investment Highlights
Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, REITs, private equity groups, and institutional investors seeking a passive, credit-backed net lease investment. The corporate guarantee and absolute NNN structure provide excellent lender confidence and the ability to secure favorable financing.
Conclusion
This 7-Eleven property in the Jackson, TN MSA represents a premier net lease investment. With a 9-year absolute NNN lease, a corporate guarantee from one of the strongest convenience retailers in the world, and a prime hard-corner location in a growing market, the property offers secure, predictable income with long-term appreciation potential.
Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.