Speedway (7-Eleven, Inc.)

475 Magnolia St, Lincoln, Alabama 35096

7-Eleven

Price $12,535,200
CAP Rate 5.50%
Lease Term 18 Years
Net Operating Income (NOI) $689,436

Property Data

Building Size (SF) 5,407 SF
Land Size (AC) 5.28 AC
Year Built2025

Tenant(s) 7-Eleven
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 10% Every Five Years

Options 4 x 5 Yr
Rent Commencement Q2 2025
Lease Expiration Q2 2043

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a Speedway (7-Eleven, Inc.) located at 475 Magnolia St, Lincoln, Alabama 35096. The site consists of roughly 5,407 rentable square feet of retail space on an estimated 5.28-acre parcel of land. This 7-Eleven is subject to a 18-year Absolute Triple Net (NNN) Lease. The annual rent is $689,436 with scheduled 10% Every Five Years & 6% in Year 16.

Investment Highlights

Just Off AL-77 (16,020 VPD) & I-20 (50,386 VPD) | Main Interstate | Between Atlanta & Birmingham | Large Format Truck Stop • Subject property is located just off AL-77 & I-20 with traffic counts exceeding 66,406 VPD • I-20 is the main interstate connecting Birmingham, Alabama & Atlanta, GA • Popular stop location for truckers • Large format store featuring 14 regular MPDs (28 Pumps) & four diesel lanes
Near Honda Manufacturing Plant of Alabama (Largest in the State) • The Honda Manufacturing Plant of Alabama is the largest industrial company in the state, employing over 4,500 people. It produces vehicles such as the Odyssey, Pilot, Passport, Ridgeline and V-6 engines • Nationally, the Honda Manufacturing Plant of Alabama is ranked in the top 5 and is a key player in the growing Southeast automotive region