Secure Net Lease, a nationally recognized brokerage firm specializing in the acquisition and disposition of investment real estate, has completed the sale of a newly constructed 7-Eleven in Phoenix, Arizona. The asset was acquired by an all-cash Opportunity Zone buyer from Thousand Oaks, California, underscoring the firm’s ability to deliver timely solutions for specialized investment requirements.
“This 7-Eleven in Phoenix drew a ton of interest. We had multiple buyers circling, but we found an Opportunity Zone buyer who could perform this year, and once we went under contract it was a 10–15 day sprint to the finish. Smooth, straightforward, and a solid outcome,” said Bob Moorhead, who represented the seller.
Located at 1802 S 7th Street, the ±4,650-square-foot convenience store with fuel is positioned along a busy urban corridor with excellent visibility and strong daily traffic counts. The site is supported by dense surrounding demographics, a well-established retail trade area, and immediate access to major transportation routes, all of which contribute to the asset’s long-term stability and tenant performance. Situated within an Opportunity Zone, the property also offers unique appeal to certain investor profiles, combining a nationally recognized tenant with strategic tax-advantaged positioning.
The successful sale of this 7-Eleven highlights Secure Net Lease’s proven track record of matching premium assets with the right capital sources, even in competitive and fast-moving environments. By leveraging the property’s prime location, strong tenant profile, and unique Opportunity Zone designation, the firm delivered a transaction that met the needs of both buyer and seller. This deal further underscores Secure Net Lease’s ability to execute with precision and create value for investors nationwide.
7-Eleven, headquartered in Irving, Texas, is the world’s largest convenience store chain, recognized for its iconic brand, expansive product offerings, and strong operational history. With thousands of locations nationwide, 7-Eleven remains one of the most sought-after tenants in the net lease investment 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.