7-Eleven STNL Investment | Las Vegas, NV
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Investment Highlights
- Price: $4,180,000; Cap Rate 5.08.
- Corporate Tenant.
- New 12 Year Lease Extension.
- 3-5 Year Options.
- 10% Increases Every 5 Years.
- Rent Commencement Date - July 1, 2017.
- Lease Expiration Date - June 30, 2029.
- Nevada Tax Free State. Year Built 1997.
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7-Eleven is located at 8925 South Las Vegas Boulevard, Las Vegas, Nevada. Located on the southwest corner of South Las Vegas Boulevard and West Pebble Road, the property is just south of the Windmill and I-15 Interchange and just north of the Silverado Ranch and I-15 Interchange. South Las Vegas Boulevard is a highly trafficked street, as it runs parallel to I-15 and takes travelers in and out of town and is used by locals and tourists alike. The property is located in Clark County and is zoned General Commercial or C-2.
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