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Tenant Profiles

7-Eleven

B+E > B+E INSIGHTS > Tenant Profiles > 7-Eleven
01/23/2023 By B+E

7-Eleven

7-eleven.com | Parent Company: Seven & I Holdings

B+E Previous Tenant Sold: 7-Eleven

100
Number on Market

$5.7M
Average Price

12.06
Average Remaining Term (Years)

4.50%
Average Cap Rate

7-Eleven Tenant Overview

Founded in 1927, 7-Eleven Inc. is an American multinational chain of retail convenience stores headquartered in Irving, Texas. 7‑Eleven operates, franchises, and/or licenses more than 13,000 stores in the U.S. and Canada. The company is the North American subsidiary of 7 & I Holdings Inc., a Japanese-owned convenience store chain with locations in Asia, Europe, Australia, and beyond.

In addition to 7‑Eleven stores, 7‑Eleven Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company®, and Raise the Roost® Chicken and Biscuits locations. 7-Eleven properties are a staple in the net lease investment sales market due to their investment grade status, along with high-quality underlying real estate.

In the 2021 fiscal year, 7-Eleven Inc. generated +/- $41B in sales, which is a 130% increase from 2020 and ranks 7-Eleven Inc. as the 13th largest food retailer in the United States.

The company’s stellar financial performance, in combination with strong brand loyalty from customers, has led the company to boast an impressive A credit rating from Standard & Poor’s.

B+E 7-Eleven Case Study

Tenant Data:

COMPANY 7-Eleven, Inc.
OWNERSHIPPublic
HEADQUARTERSDallas, Texas
TICKEROTCMKTS: SVNDY
CREDIT RATINGS&P: A
ANNUAL REVENUE+/- $41B
LOCATIONS (NORTH AMERICA)+/- 13,000
WEBSITEwww.7-eleven.com
Average 7-Eleven Info
Number on Market100
Average Price$5,700,000
Average Remaining Term12.06 Years
Average Cap Rate4.50%
Average NOI $255,893
Average PPSF$1,497
Average Building SF3,807 SF
Average Lot Size1.19 AC
AS OF 12/09/22

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