Tenant Profiles

7-Eleven

B+E > B+E INSIGHTS > Tenant Profiles > 7-Eleven

02/29/2024 By B+E

7-Eleven

7-eleven.com | Parent Company: Seven & I Holdings

86
Number on Market

$6.0M
Average Price

12.3
Average Remaining Term (Years)

5.02%
Average Cap Rate

7-Eleven Tenant Overview

Founded in 1927, 7-Eleven Inc. is an American multinational chain of retail convenience stores headquartered in Irving, Texas. 7‑Eleven operates, franchises, and/or licenses more than 9,468 stores in the U.S. and Canada. The company is the North American subsidiary of 7 & I Holdings Inc., a Japanese-owned convenience store chain with locations in Asia, Europe, Australia, and beyond.

In addition to 7‑Eleven stores, 7‑Eleven Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company®, and Raise the Roost® Chicken and Biscuits locations. 7-Eleven properties are a staple in the net lease investment sales market due to their investment grade status, along with high-quality underlying real estate.

Tenant Data:

COMPANY	7-Eleven, Inc.
OWNERSHIP	Public
HEADQUARTERS	Dallas, Texas
TICKER	OTCMKTS: SVNDY
CREDIT RATING	A (S&P)
ANNUAL REVENUE	± $82.1B (FY 2022)
LOCATIONS (NORTH AMERICA)	± 9,468
REGIONS	Asia, Middle East, North America, Europe
WEBSITE	www.7-eleven.com

Average 7-Eleven Info
Number on Market	86
Average Price	$6,005,693
Average Remaining Term	12.3 Years
Average Cap Rate	5.02%
Average NOI	$301,909
Average PPSF	$1,439
Average Building SF	4,400 SF
Average Lot Size	1.69 AC
AS OF 07/25/2023