Purchase Price | $10,000,000 |
---|---|
Annual Rental Income | $475,000 |
Cap Rate | 4.75% |
Lease Term | 15 Years |
City | Las Vegas MSA |
For Sale: 7-Eleven Absolute NNN Investment | Las Vegas MSA, Nevada
Presenting a premium opportunity to acquire a high-performing 7-Eleven convenience store located in the rapidly growing Las Vegas MSA. This offering features a long-term absolute NNN lease backed by an A-rated corporate guarantee, delivering true hands-off ownership and stable, predictable income. With scheduled rental increases, a large hard-corner parcel, and strong market fundamentals, this asset is an exceptional choice for 1031 exchange buyers and long-term investors.
The property is secured by an absolute triple net lease, meaning the tenant is fully responsible for all property-related expenses, including taxes, insurance, and both interior and exterior maintenance. This ensures investors enjoy a completely passive investment. The long-term lease includes regular rental escalations every five years, providing natural income growth and a strong hedge against inflation. Backed by 7-Eleven’s A-rated corporate guarantee, this property represents one of the most secure retail investments available.
Strategically located on a signalized hard corner, the property benefits from daily traffic counts exceeding 45,000 vehicles. The site spans more than one acre, offering excellent visibility, multiple ingress and egress points, and long-term residual land value. Surrounded by a dense mix of national retailers including Walmart, Costco, Starbucks, Target, CVS, and Chick-fil-A, this corridor is a thriving hub of consumer activity. Its high retail synergy supports strong customer draw and consistent tenant performance.
The Las Vegas MSA is one of the fastest-growing metropolitan areas in the U.S. Known not only for its world-class entertainment and tourism industry, the city has also become a hub for logistics, healthcare, and technology. Major employers such as Amazon, Switch, and Allegiant Air have invested heavily in the region. The area’s business-friendly environment and Nevada’s lack of state income tax further attract companies and residents alike.
Demographic trends in the immediate area are extremely favorable. Within a five-mile radius, the population exceeds 175,000 residents, while the ten-mile radius captures more than 500,000. The average household income is approximately $88,000 within five miles and $92,000 in the ten-mile radius. These strong demographics, coupled with the region’s continued growth, provide an excellent foundation for sustained tenant success and long-term property appreciation.
This asset also qualifies for 100% bonus depreciation under current federal tax law, offering eligible investors meaningful tax advantages. When combined with a 1031 exchange, buyers can maximize both tax efficiency and cash flow potential. Always consult a CPA to determine how these benefits apply to your specific situation.
Las Vegas continues to rank among the nation’s top markets for population growth, new business formation, and corporate investment. Its expanding economic base and steady influx of new residents ensure continued demand for essential retail and convenience services. This 7-Eleven property stands out as a rare opportunity to capture long-term passive income in a market with unparalleled growth potential.
Key Investment Highlights:
This 7-Eleven property in the Las Vegas MSA is the ultimate triple net investment: strong tenant credit, zero landlord management, rental growth, and a premier location in a top-performing market. Don’t miss the chance to add this exceptional asset to your portfolio.
Contact us today for the full offering memorandum, lease abstract, and detailed demographic package. Secure your place in one of the strongest retail markets in the U.S. with this best-in-class NNN investment.