7-Eleven | Spokane Valley, WA
Sands Investment Group is Pleased to Present Exclusively For Sale the 2,500 SF 7-Eleven Modified NNN Lease Investment Opportunity Located at 2122 North Pines Road in Spokane Valley, Washington. The Deal Includes a Corporately Guaranteed Net Lease With 10% Increases Every 5 Years, Providing For an Excellent Passive Investment and Hedge Against Inflation.
- 7-Eleven, Inc. the Irving, TX Based C-Store Chain, Operates, Franchises and/or Licenses Almost 72,800 Stores in 17 Countries Making it the Largest Retailer in the World
- Corporately Guaranteed Net Lease With 10% Increases Every 5 Years Provides an Excellent Passive Investment and Hedge Against Inflation
- 7-Eleven’s Decision to Exercise Their First 3 of 5 Lease Extension Options Demonstrates Commitment to the Site
- 7-Eleven Reports Sales, Which Have Been Historically Strong Since it Began Operating in 2008 at This Location
- As an Essential Retailer, 7-Eleven Remained Open During Shelter-In-Place and Paid Rents in Full and on Time Throughout the Pandemic
- Fee Simple Ownership of Convenience Store
- The Subject Property is Strategically Located Just Off I-90, a Primary East/West Interstate, Which Sees Over 104,722 Vehicles Per Day
- Excellent Demographics With a Population of 70,080 Residents Making an Average Household Income of $64,834 Within a 3-Mile Radius
- Spokane is 18-Miles West of Washington/Idaho Border and 92-Miles South of Canada; Spokane’s Downtown Revitalization is Underway the Last 3 Years By Blending Residential, Retail, Plazas and Walking Trails
- Washington is a State Income Tax Free State
- Nearby Tenants Include: Dairy Queen, Jack in the Box, QDOBA Mexican Eats, Applebee’s, Party City, Hobby Lobby, Dick’s Sporting Goods, Old Navy and More
Marianne Christian WA Lic. # 12244 KW Commercial Eastside WA Lic. #18839
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