7-Eleven for Sale in St. Louis, MO
St. Louis, MO
Key Investment Metrics
Price
$2,514,285
Cap Rate
5.3%
Net Operating Income
$132,000
Building Size
2200 SF
Land Area
0.62 Acres
Remaining Term
4.5 years
Lease Expiration
12/31/2030
Lease Term
31.1 years
Lease Commencement
12/20/1999
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
1998
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 years
Property overview
7-Eleven in St. Louis
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,200 SF
- Land area
- 0.62 acres
- Year built
- 1998
- Lease type
- Absolute NNN
- Lease expiration
- 12/31/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.