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RARE 18-YR INITIAL TERM 7-Eleven 20494 Sussex Hwy

4,063 SF Retail Building Bridgeville, DE 19933 $12,147,321 CAD ($2,990 CAD/SF) 5% Cap Rate

Retail Space Delaware Bridgeville 20494 Sussex Hwy, Bridgeville, DE 19933

Investment Highlights

  • 18-YR INITIAL TERM Absolute NNN 7-Eleven

Executive Summary

- RARE 18-yr INITIAL TERM Absolute NNN Lease
- BONUS DEPRECIATION ELIGIBLE
- Zero Landlord Responsibilities
- 4-Five Year Options
- 10% Rental Increases Every 5 Years
- Brand New Construction with Accelerated
- Depreciation Benefits
- Corporate Guaranteed by 7-Eleven, Inc.
(Investment Grade Rating A)
- Rent commenced June 1, 2023
- Site includes gas – 8 regular, 4 diesel
- 27,238 Average Daily Traffic

Attachments

Bridgeville_7-Eleven_OM

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Building Size
4,063 SF
Building Class
B
Year Built
2023
Price
$12,147,321 CAD
Price Per SF
$2,990 CAD
Cap Rate
5%
NOI
$607,366 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.99 AC
Zoning
Commercial
Frontage
450 ft on Sussex Hwy

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • 7-Eleven
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
7-Eleven - - - -
1 of 1
(412) 225-7518

Contact

  • Listing ID: 26461031

  • Date on Market: 2022-08-22

  • Last Updated:

  • Address: 20494 Sussex Hwy, Bridgeville, DE 19933

The Retail Property at 20494 Sussex Hwy, Bridgeville, DE 19933 is currently available for sale. Contact PennTex Ventures for more information.

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RARE 18-YR INITIAL TERM 7-Eleven | 20494 Sussex Hwy
(412) 225-7518 x

RARE 18-YR INITIAL TERM 7-Eleven | 20494 Sussex Hwy

Brendan Eisenbrandt

(412) 225-7518

(412) 225-7518

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