Tenant: Speedway / 7-Eleven | El Paso, TX
Premises: 3,750 SF
Renewal Options: 4 x 5 Years
Lease Expiration: 6/15/2016
Lease Type: Leasehold
Rental Increases: 6/15/2036
Sands Investment Group is Pleased to Present Exclusively For Sale the 3,750 SF Speedway / 7-Eleven Located at 1350 Joe Battle Boulevard in El Paso, TX. This Deal Includes Up To 80% Bonus Depreciation First Year and a Leasehold Property That Gives Great Tax Benefits For a Company or Individual, Providing For a Unique Investment.
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Speedway is an American convenience store and gas station chain headquartered in Enon, Ohio, with locations primarily in the Midwest and the East Coast regions of the United States wholly owned and operated by 7-Eleven. Speedway stations are located in 32 states, up significantly from its core seven-state region in the Midwest since 2012. Prior to 2021, the company was a wholly owned subsidiary of the Marathon Petroleum Corporation. It is the largest convenience store chain in central Ohio. There are 3,288 Speedway gas stations in the United States as of May 16, 2023.
7-Eleven, Inc. is an American international chain of convenience stores, headquartered in Dallas, Texas. 7–Eleven operates, franchises and/or licenses more than 77,000 stores in 16 countries and regions, including nearly 13,000 in North America. 7-Eleven, Inc. operates Speedway, Stripes, Laredo Taco Company and Raise the Roost Chicken and Biscuits locations. Known for its iconic brands such as Slurpee, Big Bite and Big Gulp, 7–Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7–Eleven offers customers industry-leading private brand products under the 7-Select brand including healthy options, decadent treats and everyday favorites at an outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards loyalty program with 50 million members. The 7-Eleven brand is known and loved around the world, and their iconic products are a big part of the American culture. And although they’ve grown significantly over the years, their focus stays fixed on making life easier for customers.
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