Absolute Net Lease 7-Eleven | Milliken, CO
For Sale
Absolute Net Lease 7-Eleven | Milliken, CO
Asking Price: $2,020,000
| Cap Rate: 5.15%
- Net Operating Income: $103,823
- Weighted Avg. Lease Term (WALT): 21 Years
- Lease Type: Absolute Net
Property Highlights
- Rare Absolute Net Lease with zero landlord responsibilities
- Longest lease term in the United States; 21 Years remaining on primary term
- 7-Eleven has occupied the location for over 10 years and has recently executed an early 15 year extension; Showing a strong commitment to the site
- Very attractive rent escalations with 10% increases every 5 years; including 2 (5) year options