Tenant: 7-Eleven | Lewisville, TX
Premises: 3,000 SF
Renewal Options: 3 x 5 Years
Lease Expiration: 15 Yrs From Commencement
Lease Type: NN
Rental Increases: 7.5% Every 5 Years
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7-Eleven Net Lease Gas Station Located at 1301 State Hwy Bus 121 in Lewisville, Texas.
In Cooperation with Sands Investment Group Austin, LLC – Lic. # 9004706
Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities
7-Eleven Inc. is a Japanese-owned American international chain of convenience stores, headquartered in Dallas, Texas. The chain was known as Tote’m Stores until it was renamed in 1946. 7-Eleven is the world’s largest convenience store chain and is a brand that’s recognized worldwide. The company has also made a reputable name for themselves in the franchise business, and are consistently ranked as a top-five franchisor. 7-Eleven has a legacy of innovation. The company was the first to provide to-go coffee cups, offer a self-serve soda fountain, operate for 24 hours a day, and yes, they even coined the phrase “BrainFreeze®” in honor of the world’s favorite frozen drink.
Then came the innovation of their most popular menu items: the SLURPEE®drink, the BIG GULP® and then the BIG BITE®. Now, the company continues the history of innovation and powers it through digital initiatives. 7-Eleven’s parent company since 2005, Seven-Eleven Japan Co., Ltd., operates, franchises, and licenses 67,480 stores in 17 countries as of December 2018. Seven-Eleven Japan is headquartered in Chiyoda, Tokyo and held by Seven & I Holdings Co., Ltd. 7-Eleven was ranked #1 on Entrepreneur magazine’s 2017 Top 500 Franchises List and they were ranked on Fast Company magazine’s World’s Top 10 Most Innovative Companies in Retail.