7-Eleven Phoenix, AZ

9110 W Thomas Rd
Phoenix, AZ

Price: $9,919,000
Cap Rate: 5.00%
NOI: $495,922
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 1.26 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2025

Investment Overview

  • Qualifies for 100% Bonus Depreciation
  • 2025 Construction. 4,650+/- SF Building on 1.26+/- Acre Site
  • Brand New 15-Year Absolute NNN Corporate Lease w/ 7.5% Rent Increases Every 5 Yrs. in Both Primary Term & (3) 5-Yr. Option Periods
  • Adjacent to Algadon Development (1.3M+ SF on 94+ Acres) – Master-Planned, Mixed-Use Commercial Project
  • Located at Thomas Rd (28,800+ VPD) and N 91st Ave (18,996+ VPD), Just Off Loop 101 (143,500+ VPD) & Just North of I-10 (188,300+ VPD)
  • Across from Banner Estrella Medical Center (317 Beds) & Phoenix Children’s Ophthalmology (Ranked Among “Best Children’s Hospitals”)
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with 85k+ Locations Worldwide
  • Phoenix | Nation’s Most Populated Capital, 11th Largest Metro | Population: 1.72M+

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