7-Eleven w/ Laredo Taco & Roost Chicken Lebanon, TN

1700w West Main Street
Lebanon, TN

Price: $7,537,000
Cap Rate: 5.00%
NOI: $376,846
Building Size: Approx. 5,300 Sq. Ft.
Lot Size: Approx. 1.512 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 5,300+/- SF Building on 1.512+/- Acre Site
  • Brand New 15 Year Corporate NNN Lease w/ 7.5% Rental Increases Every 5 Years
  • Signalized, Hard Corner Location at the Intersection of Main St (23K VPD) & Blair Lane
  • Large Format 7-Eleven Featuring a Laredo Taco, Roost Chicken & Biscuits, and 8 MPDs
  • Lebanon is a Quickly Growing and is Home to the New $68.5M New Balance Distribution Center
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Lebanon  |  Part of the Nashville MSA |  Population: 40,500+