Net-lease investment offering
7-Eleven
1002 Highway 76, White House, TN, USA
$11,710,000Asking price
5.15%Capitalization rate
$602,914Net operating income
Upon requestTerm remaining
Offering memorandumComplete investment materials
Request OM
Corporate-guaranteed · Absolute NNNOffering Details
Lease Economics
Tenant7-Eleven
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Initial Lease TermAvailable upon request
Term RemainingAvailable upon request
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal Options4 x 5 Yr
Real Estate
Building Area4,650 SF
Land Area3.47 acres
Year Built2024
Ownership InterestAvailable upon request
Property TypeConvenience / fuel
MarketWhite House, TN
Address1002 Highway 76, White House, TN, USA
Investment Overview
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.
- 01Strategically located at the interchange of TN-76 (21,670 VPD) and Interstate 65 (64,972 VPD).
- 02Less 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.
- 03Only 25 miles North of Downtown Nashville, capturing both local and regional traffic.
- 04Strong local demographics with a population increase of 28.87% over the past 5 years.
21,670Vehicles per day
64,972Vehicles per day
28.87%5-year population growth
25 milesProximity to Downtown Nashville