7-Eleven

Purchase Price$4,618,181
Annual Rental Income$254,000
Cap Rate5.50%
Lease Term12 Years
CityRochester MSA
Tenant: 7-Eleven
Sector: Gas Station
State: New York

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7-Eleven Net Lease Investment Opportunity
Rochester, NY MSA
12-Year Absolute Triple Net Lease | A-Rated Corporate Guarantee

This offering presents a rare opportunity to acquire a brand-new 7-Eleven property in the Rochester, New York Metropolitan Statistical Area. With a 12-year absolute triple net (NNN) lease guaranteed by 7-Eleven, Inc., this investment provides secure, long-term income from one of the most recognizable and successful convenience store brands in the world. Positioned on a hard corner along a high-traffic corridor, the property combines strong real estate fundamentals with a corporate-backed lease, making it a premier passive investment.

Location and Market Overview
Rochester, the third-largest city in New York State, anchors a metropolitan area with more than 1 million residents. Known for its diverse economy, the Rochester MSA benefits from strong sectors in education, healthcare, advanced manufacturing, and technology. The area is home to major employers such as the University of Rochester, Rochester Regional Health, and Paychex, as well as a growing base of technology and service companies.

The subject property is located on a hard corner with exceptional visibility and daily traffic counts exceeding 36,000 vehicles. Its strategic placement in a dense retail corridor ensures consistent customer traffic. Surrounding national retailers, grocery anchors, and service-oriented tenants further enhance the property’s retail draw.

Demographics
The property benefits from a strong consumer base. Within a three-mile radius, the population exceeds 82,000 residents, with average household incomes approaching $84,000. Expanding to five miles, the population grows to more than 185,000. These demographics align well with 7-Eleven’s business model, which caters to daily convenience needs, fuel sales, and quick-service retail demand.

Property Details
The property consists of a modern, freestanding 7-Eleven convenience store with a fuel station, totaling approximately 4,200 square feet on a 1.45-acre parcel. Constructed to 7-Eleven’s latest prototype standards, the building features a high-visibility canopy, multiple fuel pumps, and a contemporary convenience store interior designed for high sales volume. The site includes ample parking, excellent ingress and egress, and a prime hard-corner location.

Fee simple ownership provides long-term stability and complete control of the land and improvements.

Lease Structure and Tenant Guarantee
The property is subject to a brand-new 12-year absolute triple net (NNN) lease with 7-Eleven, Inc., a wholly owned subsidiary of Seven & i Holdings Co., Ltd. Under the absolute NNN lease, the tenant is responsible for all property-related expenses, including taxes, insurance, and maintenance, leaving ownership with zero landlord responsibilities.

The lease includes 10% rental increases every five years, providing investors with growing income throughout the term.

7-Eleven, Inc. operates, franchises, and licenses more than 13,000 stores across the United States and over 83,000 stores worldwide. With an A-rated corporate guarantee, 7-Eleven remains one of the most creditworthy tenants in the net lease sector.

Surrounding Area and Trade Drivers
The Rochester MSA continues to experience steady growth supported by its healthcare, education, and technology sectors. The property’s location benefits from its proximity to large residential neighborhoods, high-density retail centers, and key employers. With its hard-corner placement and strong traffic counts, the site is ideally positioned to capture both commuter and destination traffic.

Investment Highlights

  • 12-year absolute triple net (NNN) lease with 7-Eleven, Inc.
  • Fee simple ownership of a 1.45-acre parcel with a 4,200-square-foot modern prototype building and fueling station.
  • Tenant responsible for all property expenses, ensuring a truly passive investment.
  • Rental increases of 10% every five years, providing income growth.
  • A-rated corporate guarantee from one of the world’s leading convenience store brands.
  • Prime hard-corner location with daily traffic counts exceeding 36,000 vehicles.
  • Strong demographics: more than 82,000 residents within three miles and over 185,000 within five miles, with average household incomes of approximately $84,000.
  • Surrounded by national retailers, grocery anchors, and dense residential communities.
  • Ideal for 1031 exchange buyers, REITs, family offices, and institutional investors seeking long-term passive income.

Buyer Profile and Financing
This property is well-suited for 1031 exchange buyers, REITs, private equity firms, and family offices seeking a secure, long-term net lease investment. The combination of a corporate-backed absolute NNN lease and fee simple ownership ensures excellent lender confidence and highly favorable financing terms.

Conclusion
This 7-Eleven property in the Rochester MSA represents a best-in-class net lease investment. Featuring a 12-year absolute NNN lease with a corporate guarantee, scheduled rental increases, and a prime hard-corner location in a strong, growing market, the property delivers secure, predictable income with long-term appreciation potential.

Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.