Author: Elizabeth Hewerdine

Secure Net Lease has successfully completed the sale of a freestanding Valvoline property located in Cedar Hills, Utah. The asset was acquired by a Utah-based private investor in an all-cash 1031 exchange, highlighting continued demand for high-quality net lease assets in strong growth markets throughout the Mountain West.

Graham Hickey, who represented the seller, shared, “Overall, this was a pretty smooth deal from start to finish. We were able to connect with a local Utah-based buyer who was very familiar with the area and motivated to get something done before year-end. They took the time to visit the site in person and meet with the sellers, which really helped build confidence on both sides. Once everything aligned, the process moved efficiently and we were actually able to close a little earlier than expected. It was a great outcome and a really clean transaction overall.”

The Valvoline is a newly constructed ±2,945-square-foot property located in the heart of Cedar Hills, a rapidly growing suburb within Utah County. The site benefits from strong visibility and accessibility, positioned within a high-density residential area supported by affluent demographics and continued population growth. The surrounding area is anchored by major economic drivers including Lone Peak High School, Walmart Supercenter, and a variety of national retailers and service providers that contribute to consistent daily traffic and long-term stability.

Kyle Varni added, “One of the more unique aspects of this deal was the buyer’s focus on maximizing depreciation benefits, so we had to get creative in structuring things to make it work. We worked closely with both the buyer and seller to find a solution that checked all the boxes, and once everything aligned, it came together quickly. In the end, it was a true win-win for both sides.”

The property is situated within Utah’s expanding tech corridor, with proximity to major employers such as Adobe, Oracle, Qualtrics, and Texas Instruments, creating a strong daytime population and consistent consumer demand. Additionally, the area is supported by key regional institutions including American Fork Hospital, Brigham Young University, Utah Valley University, and Salt Lake City International Airport, all of which contribute to sustained economic activity. Cedar Hills continues to experience significant growth, with strong household incomes and ongoing residential and commercial development reinforcing its position as one of the most desirable submarkets in the region.

Valvoline Inc. (NYSE: VVV) is a leading provider of automotive services and products, operating more than 2,000 locations across the United States and Canada. Known for its quick-service oil change model and strong brand recognition, Valvoline has established itself as a reliable and growing tenant in the net lease sector. The company’s consistent performance, expanding footprint, and focus on convenience-driven services make it an attractive option for investors seeking stable, 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 has successfully completed the sale of a freestanding 7-Eleven located in Dallas, Texas along the Buckner corridor. The asset was acquired by an international all-cash buyer seeking high-quality net lease investments, further demonstrating strong global demand for well-located convenience retail assets in the Dallas-Fort Worth Metroplex.

Matthew Scow, who represented the seller, shared, “This was one of those deals that really highlights the importance of staying persistent and being creative to get something across the finish line. We had been working on this asset for quite some time, and throughout the process we continued to refine our approach, adjust to the market, and stay proactive in finding the right buyer. Ultimately, we were able to bring in a repeat buyer that we had worked with before, which made a big difference. Once we got them engaged, everything lined up really well. We had a great site visit together, built strong rapport, and from there the process moved smoothly to closing with an all-cash transaction” Scow concluded.

The ±5,491-square-foot 7-Eleven is strategically positioned along Buckner Boulevard (Loop 12), a major industrial and commuter corridor in Dallas with traffic counts exceeding 53,000 vehicles per day. The property benefits from excellent visibility and access, located near the intersection of Sam Houston Tollway and U.S. 290, and serves as a key retail node within a densely populated trade area. The site is surrounded by strong regional infrastructure and employment hubs, making it a highly attractive location for convenience retail.

The property also benefits from a number of key location and investment fundamentals that support long-term performance. The tenant recently exercised an early lease extension, demonstrating strong commitment to the site and reinforcing its operational success. The property is located directly across from a proposed Buckner Station development, which is expected to drive additional traffic and retail demand in the immediate area. Positioned within the Dallas-Fort Worth Metroplex—one of the largest and fastest-growing economic centers in the United States—the site is surrounded by major corporate employers and benefits from long-term population and job growth, further strengthening its investment appeal.

7-Eleven is the world’s largest convenience store chain, operating more than 85,000 locations globally, including over 15,000 in the United States. Known for its strong brand recognition, essential retail model, and consistent consumer traffic, 7-Eleven remains one of the most sought-after tenants in the net lease sector. Its investment-grade profile, global scale, and long-term lease structures continue to provide investors with reliable income and 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 has successfully completed the sale of a freestanding 7-Eleven located in Front Royal, Virginia. The asset was acquired by a New York-based bonus depreciation buyer, highlighting continued investor demand for high-quality convenience retail properties in strong Mid-Atlantic markets.

John Packwood, who represented the seller, shared, “The seller actually had this property on the market with another broker for about six months before bringing it to us. Once we took over the listing, we were able to reposition it, generate strong interest, and find a qualified bonus depreciation buyer within just a couple of weeks. From there, everything moved pretty smoothly through closing. We were able to achieve a really strong price point for a 7-Eleven in this Virginia market, so it ended up being a great result for the seller and a very efficient transaction overall.”

The ±6,011-square-foot 7-Eleven is strategically located at the signalized intersection of Winchester Road and Country Club Road, offering excellent visibility and accessibility with strong daily traffic counts. Positioned just off U.S. Route 522 and near U.S. 340, the site benefits from seamless connectivity throughout the region and serves as a key retail hub within the growing Front Royal trade area. The property is situated along a high-traffic corridor surrounded by major national retailers including Lowe’s, ALDI, Target, and Starbucks, reinforcing its strong retail fundamentals and consistent consumer draw.

The surrounding market is supported by a combination of strong demographics, regional demand drivers, and tourism activity. The property benefits from proximity to major employment centers across Northern Virginia and is located just minutes from Front Royal’s expanding industrial base, including a recently expanded intermodal facility supporting regional logistics and distribution. Additionally, Shenandoah National Park, located approximately six miles away, attracts millions of annual visitors and contributes to steady year-round traffic. With over 257,000 residents within a one-hour drive and direct access to the Washington, D.C. metro area, the site is well-positioned for long-term retail performance.

7-Eleven is the world’s largest convenience store chain, operating more than 85,000 locations globally, including over 15,000 in the United States. Known for its strong brand recognition, essential retail model, and consistent consumer demand, 7-Eleven continues to be a highly sought-after tenant in the net lease market. Its investment-grade profile, scale, and operational stability make it a reliable choice for investors seeking long-term income backed by a nationally recognized brand.

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 has successfully completed the sale of a 7-Eleven / Time Maxx property located in Houston, Texas. The asset was acquired by a Texas-based all-cash buyer seeking bonus depreciation opportunities, highlighting continued investor demand for value-add net lease investments in strong metropolitan markets.

Matthew Scow, who represented the seller, shared, “This was an interesting deal because it was a de-branded 7-Eleven that was subleased to a local operator, Time Maxx, so there were a few more moving pieces than your typical transaction. I was able to source a local buyer who was specifically looking for bonus depreciation and already owned industrial properties in the area, so they had a good understanding of the Houston market.”

The property is strategically located at the signalized hard corner of West Sam Houston Parkway North and Little York Road, providing excellent visibility and accessibility with combined traffic counts exceeding 44,000 vehicles per day. Positioned just off the Sam Houston Tollway, the site benefits from strong connectivity throughout the Houston metro and consistent daily commuter traffic. The ±4,650-square-foot former large-format 7-Eleven sits on approximately 0.95 acres and features multiple fueling positions and ample parking, making it well-suited for convenience retail operations.

“A big part of the process was getting them comfortable with the sublease structure, and once we worked through that, everything started to fall into place. We were also able to coordinate with 7-Eleven to complete all of the necessary construction and repairs prior to closing. In the end, it came together really well and closed smoothly,” Scow concluded.

Surrounded by a dense industrial and commercial corridor, the property is directly across from the Northwest Point Business Park and in close proximity to the West Houston Industrial Center, the Harry Cameron Technology Center, and Petropark Industrial Center. The immediate trade area is supported by over 257,000 residents within a five-mile radius, providing a strong and consistent consumer base. Houston continues to be one of the most dynamic markets in the United States, anchored by a diverse economy, major healthcare institutions, and a strong presence of Fortune 500 companies.

7-Eleven is the world’s largest convenience store chain, operating more than 85,000 locations globally, including over 15,000 in the United States. Known for its strong brand recognition, essential retail model, and investment-grade credit profile, 7-Eleven remains one of the most sought-after tenants in the net lease space. Its scale, operational consistency, and strategic site selection continue to provide investors with reliable, long-term income potential.

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.

March 4, 2026 – Secure Net Lease, a nationally recognized brokerage firm specializing in the acquisition and disposition of investment real estate, has successfully facilitated the sale of the second phase of Liberty Village, a newly constructed multi-tenant retail property located in the Atlanta metropolitan area. The property, occupied by Piedmont Urgent Care and Gloss and Glow Nail Salon, was acquired by a private investor from Florida, highlighting continued investor demand for quality retail investments in high-growth Southeast markets.

The first phase of the shopping center sold in May 2025, and this transaction represents the sale of the second phase. The retail center is located at 3711 Village Way within a rapidly expanding trade area in the Atlanta MSA.

Liberty Village Phase II is located near Northeast Georgia Medical Center Braselton and just minutes from Château Élan Winery & Resort. The surrounding Interstate 85 corridor has experienced significant population and economic growth in recent years.

“Liberty Village Phase II marked the sale of the second portion of a shopping center developed by a client of ours. The first phase had already been sold in May, and our team worked to identify a buyer who could present a competitive offer for the remaining phase,” said Todd Lewis of Secure Net Lease. “As with many transactions, there were some challenges along the way coordinating between the buyer, the buyer’s broker, and title, but we stayed focused on getting everything across the finish line. Overall, it was a great outcome and another successful transaction for our client.”

This transaction further demonstrates Secure Net Lease’s ability to connect motivated investors with quality retail investments in growing markets. Despite several challenges throughout the process, the firm was able to successfully bring the transaction to a close for all parties involved.

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.

We stayed focused on getting everything across the finish line. Overall, it was a great outcome and another successful transaction for our client.

Secure Net Lease has successfully completed the sale-leaseback of two Hawaiian Bros properties located in Phoenix, Arizona and Midland, Texas. The portfolio was acquired by a California-based buyer in an all-cash transaction, marking a streamlined dual-asset closing for a single buyer.

Russell Smith, who represented the tenant in the sale-leaseback, shared, “I represented the franchisee on these sale-leasebacks to a REIT that was looking for quick, clean transactions with strong operators. Hawaiian Bros has been performing well, and both of these locations fit exactly what the buyer was targeting. Because everyone involved was aligned and motivated, the process moved quickly and efficiently. These were straightforward deals, and we were able to get both properties across the finish line without any complications.”

The Phoenix, Arizona location consists of a newly constructed ±2,750-square-foot freestanding building positioned at a prime hard-corner intersection at 99th Avenue and McDowell Road. The site benefits from strong visibility and direct access to Loop 101 and Interstate 10, two of the most heavily traveled corridors in the metro area. The property sits directly across from Gateway Pavilions Power Center, a dominant regional retail hub anchored by Costco and surrounded by national tenants including Chick-fil-A, McDonald’s, and Raising Cane’s. The surrounding area continues to experience rapid residential and industrial growth, with major employers such as Amazon, UPS, and FedEx located nearby.

The Midland, Texas location features a ±3,924-square-foot building situated along W. Loop 250, one of the city’s primary commercial corridors. The site benefits from high traffic counts and is positioned across from Midland Park Mall, which is anchored by national retailers including Dillard’s and JCPenney. Midland College and Midland International Air & Space Port are located nearby, contributing to consistent consumer traffic and economic stability. The broader Midland market remains supported by energy, healthcare, and education sectors, reinforcing long-term fundamentals for retail operators.

The buyer was seeking quality quick-service restaurant assets with strong operators in growing Sunbelt markets, making this two-property portfolio a strategic fit.

Hawaiian Bros Island Grill continues to establish itself as one of the fastest-growing quick-service restaurant concepts in the country. Known for its island-inspired menu and streamlined drive-thru focused format, the brand has expanded rapidly across multiple states. With strong unit economics, growing brand recognition, and an experienced franchisee base, Hawaiian Bros has become an increasingly attractive tenant for institutional and private investors alike.

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 has successfully completed the sale of a freestanding 7-Eleven located in the Fort Worth / Haslet, Texas market. The property was acquired by a Japan-based 1031 exchange investor seeking bonus depreciation opportunities and long-term stability in high-quality convenience retail assets. The transaction highlights continued international demand for newly constructed net lease properties in top-performing Texas growth corridors.

Matthew Scow, who represented the seller, commented, “This was a very smooth transaction from start to finish with this bonus depreciation buyer. We were able to get the deal done at a really aggressive cap rate for the Haslet and Fort Worth market, which was a great result.”

The 7-Eleven is strategically located on the northeast corner of Sendera Ranch Boulevard and Rancho Canyon Way, just east of U.S. Highway 287, one of the primary transportation corridors serving northwest Tarrant County. Highway 287 connects Fort Worth to northern regions and supports strong local and commuter traffic. The site benefits from exceptional visibility and accessibility within a rapidly growing corridor that has experienced significant residential and commercial expansion in recent years. Additionally, a planned 123,000-square-foot Kroger Marketplace development is positioned directly behind the property, which will further enhance traffic flow and retail synergy in the immediate trade area.

“Everything moved efficiently on both sides and the closing process went very smoothly. The same buyer is also planning on putting in an offer on one of my other 7-Eleven properties as well, so a lot of good came from this one,” Scow concluded.

The asset also benefits from its proximity to major regional infrastructure and demand drivers. It is located approximately 15 minutes north of downtown Fort Worth and 16 miles from Dallas-Fort Worth International Airport, providing convenient access to one of the nation’s busiest air travel hubs. The property is adjacent to the BNSF Alliance Intermodal Facility, a 500-acre logistics hub featuring rail, road, and air connectivity that continues to expand operations. Surrounded by nearly 15,000 homes with an average household income of approximately $169,000, the site is positioned within a strong residential base that supports long-term retail performance and sustained consumer demand..

7-Eleven is the world’s largest convenience store chain, operating more than 85,000 locations globally. The brand’s strong credit profile, essential-service retail model, and consistent consumer traffic make it one of the most sought-after tenants in the net lease market. Investors continue to favor 7-Eleven assets due to their long-term leases, strong corporate backing, and presence in high-visibility, high-growth markets across the United States.

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 specializing in the acquisition and disposition of investment real estate, has successfully closed the sale of a freestanding Murphy USA property located in Alamo, Texas. The asset was acquired by a Texas-based all-cash buyer seeking stable NNN investments, highlighting continued investor demand for high-performing convenience retail in the Rio Grande Valley.

Harrison Cooper shared, “This was actually my first deal with Secure Net Lease, so I was glad it went as smoothly as it did. We represented the developer on this Murphy USA in Alamo, and overall the transaction came together really well. We were able to generate strong interest and ultimately close at a very competitive cap rate for the market.”

The Murphy USA is strategically positioned at the signalized hard corner of FM 495 and Alamo Road, just north of Interstate 2/U.S. 83 in the heart of the McAllen–Edinburg–Mission MSA. The site benefits from strong daily traffic counts exceeding 80,000 vehicles at the nearby interstate, providing exceptional visibility and accessibility. The property is located within a dominant retail corridor anchored by Walmart and H-E-B, with additional nearby national retailers and service providers driving consistent consumer traffic. The surrounding area is supported by major regional demand drivers including the University of Texas Rio Grande Valley, South Texas College, prominent healthcare facilities, and McAllen International Airport. The Rio Grande Valley continues to experience steady economic and population growth, supported by retail, healthcare, education, and international trade, reinforcing long-term viability for well-located retail assets.

“Everything moved efficiently on both the buyer and seller side, which always makes a difference. We’ve worked with the buyer’s broker on multiple transactions before, so there was already a level of trust and familiarity there that helped keep the process on track. I believe we only had the property on the market for about 40 days, so it turned around relatively quickly. It was a solid deal all around” Harrison concluded.

Murphy USA (NYSE: MUSA) is one of the largest independent gasoline and convenience retailers in the United States, operating more than 1,750 locations across 27 states. Known for its strategic positioning adjacent to Walmart Supercenters and high-volume retail corridors, Murphy USA maintains a strong operating model focused on value-driven fuel and merchandise sales. The company’s scale, brand recognition, and consistent performance make it a highly desirable tenant in the net lease investment market, offering investors dependable long-term income backed by an established national operator.

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.