7-Eleven (S&P: AA-) With RARE Annual Increases
2264 South Main Street, Mansfield, OH, 44907
For sale to qualified investors is the fee-simple interest the 7-Eleven gas and convenience store located at a major I-71 highway exit in Mansfield, Ohio. This 7-Eleven offering features RARE annual rental increases during the initial lease term and options, allowing the investor to increase their return each and every year of the lease. Annual increases combined with the triple-net nature of the investment, requiring no repairs or replacements on the part of the owner, render this a very unique 7-Eleven offering compared to others on the market. The property is located on Interstate 71 which connects Cleveland to Columbus, and is the major daily commuter route between the two cities of over 5 million people. Additionally, the property is at the highway exit into Mansfield CSA, which itself has a resident population of over 220,000 people. Because this interchange caters to the large resident and Interstate traffic, many retailers and interchange service business have chosen to located here. Among those are Walmart, Chipotle, Starbucks, McDonald’s, Arby’s, Burger King, Steak n Shake, Cracker Barrel, Hampton Inn & Suites, Super 8, Travelodge, and more.