7-Eleven
- $11,710,000
Overview
- 7-Eleven
- $11,710,000
- 5.15%
- 15 Years
- 7.50% Every Five Years
- Abs. NNN
- August 2024
- September 2039
- 4,650
- 2024
- 3.47
- Corporate
- None
Description
STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 1002 Highway 76 East, White House, TN 37188. The site consists of roughly 4,650 rentable square feet of retail space on an estimated 3.47-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 13+Years Remaining. The annual rent is $602,914 with scheduled 7.50% rental increase Every Five Years in Primary Term and Option Periods.
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- Strategically located at the interchange of TN-76 (21,670 VPD) and Interstate 65 (64,972 VPD).
- Less than a mile from a Walmart Supercenter-anchored shopping center, positioning the property to draw steady traffic and benefit from strong crossover shopping activity. Other tenants include McDonald’s, Whataburger, Waffle House, Kroger, Love’s, Zaxby’s & more.Â
- Only 25 miles North of Downtown Nashville, capturing both local and regional traffic.Â
- Strong local demographics with a population increase of 28.87% over the past 5 years.
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Property Documents
7-Eleven_TN_White House OM