7 Eleven
Single Tenant Triple Net Investment
Biglerville, Pennsylvania
Sold for $1,225,000 CAP Rate 5.71%
7 Eleven has been operating in this location for over 40 years and has recently extended their lease showing commitment to this location.
CORPORATE 7 ELEVEN LEASE
AA-” CORPORATE CREDIT RATING
PASSIVE ABSOLUTE NNN LEASE
OWNERSHIP INCLUDES LAND AND BUILDING
YEAR BUILT 1980
SOLD FOR ABOVE AVERAGE CAP RATE
*Ask us how we can sell your income property and 1031 Exchange it into a Higher Grossing Asset just like this one! Call Mason Canter at 310-722-3161 and he'll buy the Slurpee!
4 FUN FACTS ABOUT SLURPEES
“Brain freeze” is trademarked
Though “brain freeze” started as a casual term, 7-Eleven saw the marketing potential and trademarked the phrase.They advanced straws
7-Eleven commissioned the spoon straw because customers had such a hard time slurping up the last bits of Slurpee at the bottom of the cup.They’re big in Canada
Canadians purchase an average 30 million Slurpees a year, making them the world leader in Slurpee sales.They’re big in Springfield, too
As part of a promotion for 2007’s “The Simpsons” movie, 7-Eleven renamed Slurpees “Squishees” (their equivalent in the Simpsons universe) and sold them in special collectors cups.