Purchase Price | $7,100,000 |
---|---|
Annual Rental Income | $355,000 |
Cap Rate | 5% |
Lease Term | 15 Years |
City | Denver MSA |
7‑Eleven Triple Net Investment Opportunity
Denver MSA, Colorado
This offering presents an exceptional opportunity to acquire a newly developed 7‑Eleven convenience store and fueling station strategically located within the Denver Metropolitan Statistical Area, one of the fastest‑growing and most economically diverse markets in the United States. Featuring a prime hard‑corner location, expansive parcel, fee simple ownership, and an absolute triple net lease backed by a corporate guarantee, this property offers investors long‑term stability, steady income growth, and attractive tax advantages.
Location and Market Overview
The property is ideally positioned at a high‑visibility hard corner along a major arterial roadway in the Denver metro, with daily traffic counts exceeding 57,000 vehicles on the primary frontage and an additional 30,000 vehicles on the intersecting roadway. The site benefits from excellent ingress and egress, ensuring ease of access for both commuters and local residents. Prominent signage maximizes visibility and brand recognition, capturing consistent exposure to the area’s growing population base.
Denver is one of the most dynamic metros in the country, with a population exceeding 3 million residents and projected growth significantly above the national average. Known for its diverse economy, outdoor lifestyle, and highly educated workforce, Denver continues to attract major employers and residents seeking a high quality of life. The region ranks among the top U.S. markets for population growth and employment, with strong in‑migration driving steady demand for retail and services.
Demographics
The immediate trade area demonstrates robust demographic fundamentals. Within a one‑mile radius, the average household income exceeds $96,000. Expanding to a three‑mile radius, household incomes average $105,000, with a total population of more than 72,000. Within five miles, the population surpasses 215,000, with average household incomes near $112,000. Per capita income across the trade area is above $47,000, with a significant portion of households earning more than $150,000 annually.
This combination of high incomes and continued residential growth provides a strong consumer base for a convenience retailer like 7‑Eleven. Ongoing development of single‑family homes, multifamily projects, and mixed‑use communities further supports the long‑term stability and performance of the property.
Property Details
The subject property sits on a prominent parcel of approximately 1.25 acres, offering ample space for a state‑of‑the‑art fueling canopy, a modern convenience store building, generous parking, and efficient traffic circulation. The hard‑corner location at a signalized intersection ensures maximum exposure and accessibility, while contemporary design and lighting create a safe and welcoming environment for customers.
Ownership is fee simple, granting the investor full control over both land and improvements without restrictions of a ground lease. This structure enhances financing flexibility, long‑term planning, and resale potential. The parcel size also allows for potential future expansion or redevelopment should the investor wish to enhance value in the long term.
Lease Structure and Tenant Guarantee
The property is leased to 7‑Eleven, Inc. under an absolute triple net lease. The tenant is responsible for all expenses, including property taxes, insurance, and the repair and replacement of roof and structure. This ensures the landlord has zero management obligations, delivering a truly passive investment.
The initial lease term is 15 years, with four successive five‑year renewal options, offering up to 35 years of stable income. Rental escalations of 10 percent are scheduled every five years throughout the base term and renewal periods, providing consistent income growth and inflation protection.
The lease is backed by a corporate guarantee from 7‑Eleven, Inc., the world’s leading convenience retailer. With thousands of stores nationwide and an A‑rated credit profile, 7‑Eleven provides unmatched financial security and reliability, making it one of the most sought‑after tenants in the net lease investment market.
Tax Benefits and Bonus Depreciation
As a newly constructed fueling and convenience store, this property qualifies for bonus depreciation and accelerated cost segregation under current federal tax law. These provisions allow investors to take substantial upfront deductions in the early years of ownership, significantly reducing taxable income. For high‑income individuals, family offices, and 1031 exchange buyers, this offers a powerful combination of secure rental income and tax efficiency.
Surrounding Area and Trade Drivers
The Denver MSA is supported by a broad and resilient economic base that includes technology, aerospace, healthcare, financial services, and energy. Major employers such as Lockheed Martin, Google, Amazon, and several national healthcare systems continue to expand in the region, fueling job growth and attracting a highly skilled workforce. Denver International Airport, one of the busiest airports in the world, further drives economic activity and connectivity.
The property’s immediate corridor is characterized by strong residential demand, excellent schools, and a mix of retail and service providers. Surrounding national tenants include grocery anchors, banks, and quick service restaurants, all of which generate significant cross‑traffic. The daytime population is bolstered by nearby office parks, medical centers, and education facilities, ensuring steady consumer demand throughout the day.
Investment Highlights
Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, private investors, institutional funds, and family offices seeking a secure, long‑term, passive investment. The absolute NNN lease structure and fee simple ownership make the asset highly attractive to lenders and suitable for buyers seeking predictable cash flow with minimal management obligations. The combination of scheduled rental escalations, strong credit tenancy, and significant tax advantages enhances the long‑term investment profile.
Conclusion
This 7‑Eleven in the Denver MSA represents a premier opportunity to acquire a best‑in‑class net lease investment in one of the nation’s strongest growth markets. With its absolute triple net lease, corporate guarantee, escalating rental income, and fee simple ownership, the property offers both immediate stability and long‑term value creation. The affluent demographics, high‑traffic hard‑corner location, and diverse regional economy make this an exceptional choice for investors seeking a passive, inflation‑protected, and tax‑efficient investment.
Interested buyers are encouraged to request the full offering memorandum, financial analysis, and acquisition process details.