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.