| Purchase Price | $5,545,454 |
|---|---|
| Annual Rental Income | $305,000 |
| Cap Rate | 5.5% |
| Lease Term | 13 Years |
| City | Raleigh MSA |
For Sale: 7-Eleven Absolute NNN Investment | Raleigh MSA, North Carolina
Now available: a rare opportunity to acquire a high-quality 7-Eleven convenience store property located in the thriving Raleigh, North Carolina MSA. This offering features a long-term absolute NNN lease backed by an A-rated corporate guarantee, providing reliable, passive income with zero landlord responsibilities. With built-in rental increases and strategic positioning in a dense retail corridor, this asset presents long-term value in one of the Southeast’s most dynamic markets.
The property is leased on an absolute triple net basis, meaning 7-Eleven is responsible for all operating expenses including taxes, insurance, and all maintenance and repairs—both structural and non-structural. Investors enjoy truly hands-off ownership. The lease includes scheduled rental increases every five years, enhancing income over time and providing a hedge against inflation. With a corporate-backed lease from an A-rated tenant, this property delivers the security and strength institutional and private investors alike seek.
Strategically located on a high-visibility hard corner with over one acre of land, the property benefits from daily traffic counts exceeding 38,000 vehicles. The site sits in a mature, well-trafficked retail corridor with surrounding national brands including Target, Lowe’s, Chick-fil-A, Walgreens, Starbucks, and Publix. The area’s commercial synergy supports high customer draw and long-term operational success for the tenant.
The Raleigh MSA is recognized as one of the fastest-growing markets in the country, bolstered by a strong tech and life sciences economy. Major employers in the area include Cisco Systems, IBM, SAS Institute, and GlaxoSmithKline. The region also benefits from an educated workforce and world-class universities like Duke, UNC-Chapel Hill, and NC State.
Demographics within the trade area are robust. In a five-mile radius, the population exceeds 155,000 residents and grows to more than 375,000 within ten miles. Average household incomes are approximately $90,000 within five miles and $95,000 in the ten-mile radius. This solid income base and population growth trend support continued tenant performance and future property appreciation.
This property also qualifies for 100% bonus depreciation, providing investors with significant potential tax savings. For those conducting a 1031 exchange, this offering represents a highly desirable replacement property with minimal management, long-term income, and tax benefits. As always, buyers should consult with a CPA or tax professional to determine how these advantages apply to their individual situation.
Raleigh’s pro-business environment, excellent quality of life, and consistent in-migration make it one of the top metro areas for real estate investment in the U.S. This 7-Eleven property combines all the fundamentals that prudent investors look for: strong demographics, unbeatable tenant credit, zero landlord obligations, and real estate in a path-of-growth market.
Key Investment Highlights:
This is a rare opportunity to invest in a best-in-class triple net property in one of the strongest real estate markets in the nation. With a corporate-backed lease, built-in rent growth, and an unbeatable location, this 7-Eleven asset offers exceptional long-term investment performance.
Contact us today to receive the full marketing package, site plans, lease details, and demographic reports. Let us help you secure a top-tier NNN investment in the heart of North Carolina’s booming Raleigh MSA.