7-Eleven NNN Properties for Sale
Investment-grade convenience retail. 7-Eleven absolute NNN properties combine recession-resistant essential services with long-term corporate-guaranteed leases — an ideal passive income investment.
4.5%–5.75%
Cap Rate Range
$2.5M–$5.5M
Typical Price
15–20 years
Lease Term
13,000+
US Locations
BBB (S&P)
Credit Rating
Seven & i Holdings (Japan)
Parent Company
Why Invest in 7-Eleven NNN Properties?
The investment thesis behind 7-Eleven as a single-tenant NNN asset.
Essential Services Drive Recession Resistance
7-Eleven locations sell fuel, food, beverages, tobacco, and lottery — essential daily-spend categories that hold up in every economic environment. Convenience store traffic is driven by habit and proximity, not discretionary spending. 7-Eleven's same-store sales were positive during the 2008 recession and COVID-19.
Backed by a Global Conglomerate
7-Eleven, Inc. is a wholly-owned subsidiary of Seven & i Holdings Co., Ltd. (Tokyo Stock Exchange), one of Japan's largest retail conglomerates with $79B+ in annual revenue. This institutional parent backing provides deep financial resources to support every US lease obligation.
Long Lease Terms — 15 to 20 Years
7-Eleven's standard NNN lease terms run 15–20 years with multiple renewal options. Longer lease terms mean lower rollover risk and a more stable income stream. For investors who want to set and forget for 15+ years, 7-Eleven's long-term leases deliver exactly that.
Active Rebranding Expansion Creating New Inventory
7-Eleven's ongoing acquisition and rebranding of Speedway and Sunoco locations creates a steady pipeline of new NNN inventory. Sale-leaseback transactions following these acquisitions regularly produce quality NNN deal flow in markets across the country.
7-Eleven NNN — Strengths & Considerations
An honest investor's view of what makes 7-Eleven work — and what to watch for.
Investor Strengths
- Investment-grade corporate guarantee (BBB / A−)
- Recession-resistant essential services business
- Long initial terms — 15 to 20 years
- Active inventory from ongoing expansion and rebranding
- Fuel + convenience = multiple revenue streams
- Global parent company — Seven & i Holdings
- Absolute NNN structure on most corporate leases
Considerations
- Gas station-adjacent properties may have environmental history
- Some locations include fuel sales — adds due diligence complexity
- Long-term secular shift away from gasoline adds uncertainty
- Older locations may have dated structures
7-Eleven as a 1031 Exchange Replacement Property
7-Eleven NNN properties are an excellent 1031 exchange target for investors seeking investment-grade credit at a mid-range price point ($2.5M–$5.5M). The 15–20 year lease terms provide a long runway of passive income with no management involvement — ideal for investors who want to retire from active real estate management.
Learn More About 1031 Exchange into NNN7-Eleven NNN — Common Investor Questions
What cap rates are typical for 7-Eleven NNN properties?
7-Eleven NNN cap rates range from approximately 4.5% to 5.75% nationally. High-traffic urban and suburban locations in Sunbelt markets trade at 4.5%–5.0%. Secondary market and older locations offer 5.25%–5.75%. New construction corporate sale-leasebacks typically price at 4.5%–5.0%.
Do 7-Eleven NNN leases include fuel operations?
Fuel locations may have underground storage tanks and environmental risks. Independent environmental professionals should determine assessment scope, and your counsel should review environmental representations and obligations. We coordinate diligence as your broker.
Is 7-Eleven investment grade?
7-Eleven, Inc. is an investment-grade credit. The parent company, Seven & i Holdings, is one of Japan's largest retailers with $79B+ in annual revenue. The combination of essential retail operations and strong parent company backing makes 7-Eleven a reliable NNN tenant.
See Current 7-Eleven
NNN Inventory
Tell us your investment criteria — budget, cap rate target, and 1031 timeline — and we'll share current off-market 7-Eleven NNN deals that match.
Why 7-Eleven Works for Your 1031 Exchange
7-Eleven NNN properties are an excellent 1031 exchange target for investors seeking investment-grade credit at a mid-range price point ($2.5M–$5.5M). The 15–20 year lease terms provide a long runway of passive income with no management involvement — ideal for investors who want to retire from active real estate management.
Compare Other Investment-Grade NNN Tenants