Author: Elizabeth Hewerdine

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Circle K convenience store in Albuquerque, New Mexico. This transaction demonstrates Secure Net Lease’s ability to revive listings previously held by other brokers and align them with motivated, qualified buyers through targeted marketing and existing client relationships.

Kyle Varni, who represented the seller, shared, “We took this deal over from another broker who had it listed previously. Once we brought it to market, we quickly generated multiple offers and ended up sourcing a repeat Circle K buyer—someone who had closed on another Circle K property with us in the past. He was a really easygoing buyer, highly motivated to close, and the seller was just as aligned, which made for a smooth transaction. We actually ended up closing a little earlier than expected because of how efficient the process was.”

The property is located at 5601 Alameda Blvd NE in Albuquerque and consists of a ±3,700-square-foot convenience store situated on a well-positioned site. The location benefits from strong visibility and high traffic volumes, surrounded by a mix of residential neighborhoods and major national retailers. The store is a newer prototype Circle K and its position near key commuter routes and stable trade area demographics ensures consistent foot traffic and long-term performance for the operator.

This transaction also included a unique financing structure to facilitate closing and Secure Net Lease coordinated a creative solution. This allowed the deal to move forward without delay and created a win-win outcome for both buyer and seller, highlighting the firm’s adaptability and deep transactional experience.

Circle K, a global leader in the convenience store sector, operates thousands of locations across the U.S. and internationally under its parent company, Alimentation Couche-Tard. Known for its strong branding, consistent performance, and essential services, Circle K remains one of the most sought-after tenants in the net lease space. Investors are drawn to its creditworthiness, high-traffic locations, and long-term leases, making it a dependable component of any investment portfolio.

About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a 7 Brew Coffee in San Angelo, Texas. The property was acquired by an all-cash 1031 exchange buyer from California. This deal marks another successful disposition by Secure Net Lease, with a focus on aligning newly constructed, high-demand QSR assets with motivated exchange buyers.

Kyle Varni, who represented the seller, shared, “This was a deal we took over from another broker who’d had it on the market for a while. I actually sold the Take 5 Oil Change right next door last year, so I was already familiar with the location and had a good sense of the activity in that pocket.”

The property is located along Sherwood Way, a high-traffic commercial corridor in San Angelo, just west of downtown. The ±550-square-foot drive-thru-only asset sits in front of a Walmart Supercenter and shares the parcel with a Take 5 Oil Change. The site benefits from excellent visibility, convenient ingress/egress, and significant daily traffic counts. It is surrounded by strong national retailers including H-E-B, Chick-fil-A, Lowe’s, and Walgreens. The newly constructed 7 Brew opened in 2024.

“We had some buyers already circling other 7 Brew listings we had on the market, and within about a month of listing this one, we found a 1031 exchange buyer that the deal fit almost perfectly. From there, everything came together quickly. It was a smooth, all-cash closing, and we’d already worked with some of the people involved before, so that made the process even easier. It ended up being a great deal all around that closed at a very aggressive cap rate for the area” Varni concluded.

This transaction highlights Secure Net Lease’s ability to re-energize listings that have lingered on the market and reposition them successfully. By leveraging prior deal experience in the immediate trade area and targeting an active buyer pool of exchange-driven investors, the team secured a fast-moving buyer and facilitated a seamless closing on behalf of the seller.

7 Brew Coffee is one of the fastest-growing drive-thru beverage concepts in the U.S., with a rapidly expanding footprint across the South and Midwest. Known for its speed, energetic customer service, and broad menu of custom drinks, 7 Brew has established itself as a disruptive force in the QSR coffee space. With a strong franchising model, brand momentum, and efficient site formats, 7 Brew continues to attract institutional and private capital interest in the net lease market.

About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Popeyes Louisiana Kitchen located in Hoffman Estates, Illinois, located in the Chicago MSA. The property was purchased by a local Illinois-based investor completing a 1031 exchange. The deal was executed all-cash and closed on time after Secure Net Lease stepped in to reposition the asset and identify the right buyer.

Matthew Scow, who represented the seller, shared, “This was a deal we took over from another broker who had been marketing it for a while. Once we got involved, we were able to reposition the listing and quickly identify a qualified local buyer who was in a 1031 exchange and actively looking for a QSR property at that price point. From there, everything moved pretty smoothly through closing. In markets like Illinois or Wisconsin, it often makes sense to work with local buyers who understand the nuances of the tax structure and the regional dynamics. That local knowledge can make all the difference in getting a deal across the finish line.”

The property is located at 2560 N. Sutton Road in Hoffman Estates, a northwest suburb of Chicago, and includes a ±2,349-square-foot building with a drive-thru. Positioned on a busy retail corridor, the asset benefits from proximity to I-90 and is surrounded by national retailers including Target, The Home Depot, and Jewel-Osco. The site boasts excellent visibility, strong traffic counts, and access to dense residential neighborhoods and a growing daytime population. The property is strategically situated to take advantage of both commuter and local traffic, supporting long-term tenant success.

This transaction demonstrates Secure Net Lease’s ability to step in and bring challenging listings to a successful close. By leveraging a deep network of investors, local market knowledge, and a precise understanding of regional buyer preferences, the team was able to close efficiently and meet the seller’s expectations.

Popeyes Louisiana Kitchen, a subsidiary of Restaurant Brands International, is one of the largest and fastest-growing quick-service restaurant chains globally. Known for its bold Cajun flavors and high brand loyalty, Popeyes operates more than 3,000 locations worldwide. The brand’s strong consumer following, drive-thru model, and widespread franchisee demand make it a highly sought-after tenant in the net lease investment space.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Starbucks located in Humble, Texas, within the Houston metropolitan area. The asset was purchased by a private, all-cash investor based in Houston who has worked with Secure Net Lease on multiple transactions. This deal underscores the firm’s continued success in matching qualified local investors with newly constructed, high-visibility retail properties.

Edward Benton, who represented the seller, shared, “This was a really smooth transaction from start to finish. It’s actually the fifth deal I’ve sold to this buyer, so we’ve built a strong working relationship over the years. He knows exactly what he’s looking for and moves quickly, which makes the process seamless. He’s based in Houston and paid a very aggressive cap rate, which speaks to both his confidence in the tenant and the strength of this particular location.”

The new construction Starbucks is located at 18002 Highway 59 in Humble, a high-growth suburb northeast of downtown Houston. The ±2,225-square-foot store sits on a prime parcel with exceptional highway frontage, easy access, and strong visibility. The property benefits from significant daily traffic counts and is surrounded by major national retailers, including Walmart, Academy Sports + Outdoors, and Ross. The immediate trade area is densely populated and continues to experience residential and commercial development, making it an ideal setting for a drive-thru coffee tenant.

This transaction highlights Secure Net Lease’s ongoing ability to facilitate efficient closings by connecting motivated investors with high-demand tenants in core Texas markets. The buyer’s local presence and familiarity with the asset type allowed for a swift and seamless process that aligned well with the seller’s timeline and objectives.

Starbucks Corporation (NASDAQ: SBUX), headquartered in Seattle, Washington, is the world’s premier roaster and retailer of specialty coffee. With over 38,000 stores globally and a loyal customer base, Starbucks continues to be a best-in-class tenant in the net lease market. Its strong brand recognition, high-traffic drive-thru format, and consistent sales performance make it a top target for investors seeking long-term, stable cash flow from creditworthy operators.

About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a newly developed Hawaiian Bros location in Wichita Falls, Texas. The deal was completed with a 1031 exchange buyer from Houston, who secured the asset through an all-cash transaction that closed in just 30 days. This sale is another example of Secure Net Lease’s ability to efficiently match motivated buyers with high-quality sale-leaseback properties across the country.

Russell Smith, who represented the seller, shared, “This was a great deal with a franchisee who’s primarily a large Jack in the Box operator and very active in sale-leaseback transactions. They’ve done a number of these deals before, so they moved quickly and knew exactly what they were looking for.”

The ±2,950-square-foot Hawaiian Bros property is located at a prominent intersection in Wichita Falls, adjacent to a Walmart Supercenter and near major national retailers including Chick-fil-A, Academy Sports + Outdoors, and Home Depot. The store benefits from excellent visibility, strong traffic counts, and direct access to a growing residential base. As part of the restaurant’s expanding footprint in Texas, the site represents a strategic long-term investment backed by strong fundamentals and a thriving franchisee operator.

“We got a couple of offers right out of the gate, and it didn’t take long to get this one under contract. The buyer was all cash and closed within 30 days, which made for a smooth and efficient transaction from start to finish. It was a great result for everyone involved” Smith concluded.

This transaction further demonstrates Secure Net Lease’s proven ability to facilitate fast, clean closings for sale-leaseback sellers, while placing qualified 1031 buyers into brand-new, net lease assets in dynamic secondary and tertiary markets.

Hawaiian Bros Island Grill is one of the fastest-growing quick-service restaurant concepts in the U.S., with a menu inspired by traditional Hawaiian plate lunches. Known for its craveable offerings and streamlined operations, the brand has attracted significant attention from both consumers and franchise investors. With dozens of locations across the country and more in development, Hawaiian Bros continues to build a strong presence in high-traffic retail corridors, making it a compelling net lease tenant for long-term investors seeking growth and operational stability.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Murphy USA in Edinburg, Texas. The buyer, based in New York, was completing a 1031 exchange and originally considered a different Murphy USA asset in Florida. Secure Net Lease leveraged its extensive portfolio of similar listings to redirect the buyer to this South Texas opportunity, ultimately resulting in a seamless transaction.

Kyle Varni, who represented the seller, shared, “This one came together pretty smoothly. We had a 1031 buyer from New York who was originally looking at one of our Murphy deals in Florida, but that didn’t work out. Since we’ve got a good number of Murphy USA listings, I was able to move him over to our Edinburg property.”

The property is located at 101 E Monte Cristo Road in Edinburg and features a ±2,824-square-foot convenience store and fueling facility. The site sits directly in front of a high-traffic Walmart Supercenter and benefits from excellent visibility and access at a signalized intersection. Located in a fast-growing part of the Rio Grande Valley, this location is surrounded by a mix of national retailers and residential growth, making it well-positioned for long-term performance. With strong brand recognition, high daily vehicle counts, and favorable demographics, this asset offered a compelling investment for the buyer.

“Murphy even tried to buy the site themselves, but they were a little late to the game. The buyer knew it was a strong store and closed all cash pretty quickly. We ended up getting a really aggressive cap rate for South Texas” Varni concluded.

This transaction further reflects Secure Net Lease’s ability to identify and align the right buyer with the right asset. By leveraging existing relationships, extensive listing inventory, and deep tenant knowledge, the team was able to keep the buyer engaged and move quickly to closing on a high-demand site.

Murphy USA Inc. (NYSE: MUSA), headquartered in El Dorado, Arkansas, is one of the largest independent retailers of gasoline and convenience merchandise in the United States. With over 1,700 locations nationwide, primarily adjacent to Walmart stores, Murphy USA offers a low-cost, high-volume operating model that continues to attract net lease investors. The company’s proven performance, creditworthiness, and strong store economics make it a top-tier tenant in the retail fuel sector.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding 7-Eleven located in Oklahoma City, Oklahoma. The buyer, a private investor based in Atlanta, was in a 1031 exchange and specifically targeting bonus depreciation opportunities. Having transacted with this buyer on multiple prior deals, Secure Net Lease was able to streamline the process and achieve an early and efficient closing.

Edward Benton, who co-brokered the deal with Matt Scow, shared, “We sold this 7-Eleven in Oklahoma City to a great bonus depreciation buyer we’ve worked with on several other deals. Everything came together pretty smoothly and we were able to get it closed without any hiccups. I worked with Matt Scow on this one, and overall it was just a really seamless transaction.”

The property is located at 1501 S. Council Road in Oklahoma City and features a ±4,732-square-foot convenience store and fueling facility. It sits prominently at a signalized intersection with strong traffic counts and visibility. The site benefits from its location near key area drivers including Amazon, UPS, and the Will Rogers World Airport. It also enjoys easy access to I-40 and is positioned within a dense retail corridor that includes Walmart, CVS, and Dollar Tree. This strategic location and the brand’s strong market presence made the offering highly attractive to buyers seeking long-term stability and solid real estate fundamentals.

This transaction highlights Secure Net Lease’s ability to quickly match repeat, motivated investors with high-quality assets, especially those offering advantageous tax strategies like bonus depreciation. With a focused buyer pool, an experienced broker team, and a strong national tenant, the deal progressed smoothly from contract to close.

7-Eleven, Inc., headquartered in Irving, Texas, is the world’s largest convenience store chain, operating over 15,000 stores in the United States and more than 85,000 globally. Known for its iconic branding, real estate flexibility, and robust fuel and merchandise offerings, 7-Eleven continues to be one of the most sought-after tenants in the net lease investment space. Its strong corporate credit, reliable operating model, and high visibility across urban and suburban markets make it a preferred choice for investors looking for dependable, long-term income.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding 7-Eleven located in Mansfield, Texas. The transaction was completed with an investor out of New Mexico who was in a 1031 exchange seeking Bonus Depreciation opportunities for 2025. The buyer paid all cash, which helped ensure a seamless process and an early closing timeline. This deal further highlights Secure Net Lease’s ability to pair motivated buyers with premium convenience store assets across the country.

Matthew Scow, who represented the seller, shared, “We sold this deal to an investor out of New Mexico who was looking for Bonus Depreciation opportunities for 2025. They were in a 1031 exchange and paid all cash, which helped keep things moving quickly. We worked through negotiations and were able to close at a really aggressive cap rate. The whole thing was super smooth from start to finish and we were able to get it closed ahead of schedule.”

The property is situated along Debbie Lane, a major east-west thoroughfare in Mansfield that experiences significant daily traffic and benefits from strong surrounding demographics. The ±4,874-square-foot building was newly developed and sits at a prominent intersection with excellent visibility and access. Positioned in front of national retailers including Walmart, Home Depot, and Academy Sports + Outdoors, the 7-Eleven enjoys steady customer traffic and strong brand recognition. Mansfield is part of the Dallas-Fort Worth Metroplex, one of the fastest-growing regions in the country, providing long-term stability and upside for the buyer.

This transaction underscores Secure Net Lease’s continued expertise in facilitating efficient dispositions of high-quality retail assets. By aligning a motivated out-of-state investor with an institutional-grade tenant in a growth market, the firm delivered a smooth process and a timely closing that satisfied all parties involved.

7-Eleven, Inc., headquartered in Irving, Texas, is the world’s largest convenience retail chain with more than 15,000 stores in the United States and over 85,000 globally. The brand is synonymous with convenience and innovation, offering a broad mix of food, beverage, and everyday items. With its strong corporate credit, global scale, and reputation as an essential retailer, 7-Eleven continues to be one of the most sought-after tenants in the net lease investment space, offering investors stable cash flow and enduring consumer demand.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Murphy USA located in Evans, Colorado. The transaction was completed with a private, all-cash buyer out of New York who was in a 1031 exchange, further demonstrating Secure Net Lease’s ability to align motivated investors with high-quality convenience store assets nationwide.

Matthew Scow, who represented the seller, shared, “This whole deal went really smoothly from start to finish. The broker was easy to work with and kept things moving along, which made the process easy. Due diligence got handled quickly and the buyer was ready to close as soon as we had the ROFR and the estoppel in hand. Overall, it was a straightforward, no-stress transaction.”

The property is situated at 3501 37th Street in Evans, directly in front of a high-performing Walmart Supercenter. The Murphy USA store totals ±2,824 square feet and sits on a prime parcel with strong visibility and easy access. The location benefits from excellent traffic counts, surrounding national retailers, and a dense residential base. Evans is part of the growing Greeley MSA, an area experiencing steady population and economic expansion, which further supports long-term tenant performance and investment stability.

This closing highlights Secure Net Lease’s ability to execute transactions efficiently while managing key deal components such as due diligence and estoppel delivery. By leveraging strong broker relationships and working with a prepared buyer, the process moved seamlessly from contract to close.

Murphy USA Inc. (NYSE: MUSA), headquartered in El Dorado, Arkansas, operates more than 1,700 retail fuel stations across the United States, primarily adjacent to Walmart locations. Known for its low-cost fuel strategy and convenience store offerings, Murphy USA has established itself as a reliable performer in the retail fuel sector. Its scale, operating efficiency, and long-standing partnership with Walmart make it a desirable tenant in the net lease market, providing investors with dependable cash flow and strong real estate fundamentals.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.