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