| Purchase Price | $6,272,000 |
|---|---|
| Annual Rental Income | $345,000 |
| Cap Rate | 5.50% |
| Lease Term | 13 Years |
| City | Allentown MSA |
For Sale: 7-Eleven Absolute NNN Investment | Allentown MSA, Pennsylvania
This is a rare opportunity to acquire a premier 7-Eleven convenience store property located in the Allentown, Pennsylvania MSA. Featuring a long-term absolute NNN lease backed by an A-rated corporate guarantee, this investment delivers dependable income, zero landlord responsibilities, and long-term value appreciation. With scheduled rental increases, a large hard-corner parcel, and excellent local demographics, this asset is ideal for investors seeking stability and growth.
This property is secured by an absolute NNN lease, where the tenant handles all property operating expenses including taxes, insurance, maintenance, and repairs—providing truly passive ownership. The lease includes regular rental increases every five years, ensuring built-in income growth and protection against inflation. The guarantee comes directly from 7-Eleven, one of the world’s most recognized and trusted convenience store brands with a strong corporate credit rating.
Strategically located at a signalized hard corner, this property experiences robust daily traffic counts exceeding 30,000 vehicles per day. The site spans over one acre and is positioned within a dense commercial corridor alongside major national retailers including Wawa, CVS, Walgreens, Dollar General, Taco Bell, and Walmart. This high-visibility location benefits from both commuter and local customer traffic, enhancing store performance.
Allentown is part of the Lehigh Valley, one of the fastest-growing regions in Pennsylvania. The market benefits from a diversified economy, a strong logistics network, and its proximity to major metro areas including Philadelphia and New York City. Major employers such as Amazon, Lehigh Valley Health Network, Air Products, and PPL Corporation contribute to the area’s economic vitality and ongoing population growth.
The demographics surrounding the property are excellent. Within a five-mile radius, there are approximately 150,000 residents, while the ten-mile radius includes more than 360,000 people. Average household income is around $76,000 within five miles and exceeds $80,000 in the ten-mile radius. These income levels and population figures underscore the area’s robust retail demand and consumer spending power.
Investors can also take advantage of 100% bonus depreciation, subject to current tax laws and consultation with a CPA. This tax benefit allows eligible investors to significantly reduce their taxable income in the year of acquisition. Combined with the potential for a 1031 exchange, this property offers a powerful vehicle for tax deferral and long-term wealth building.
The Allentown market has attracted significant attention from national brands and institutional investors due to its growth, affordability, and central location within the Northeast corridor. The area has seen a steady influx of businesses and new residents, driving continued demand for retail and convenience assets. 7-Eleven, in particular, has been expanding its footprint in the region, aligning with shifting consumer trends and growing populations.
Highlights of this 7-Eleven investment include:
This property is perfect for investors seeking a recession-resistant, income-producing asset with zero management and a strong corporate tenant. It checks all the boxes—high visibility, long-term lease, strong credit, and exceptional market fundamentals.
Contact us today to receive a full investment package including the lease abstract, site map, tenant overview, and demographic studies. Let us show you how this high-performing 7-Eleven in the Allentown MSA can support your investment objectives and add reliable passive income to your portfolio.