7-Eleven NNN Properties
Absolute NNN or Ground Lease · Baa2 / BBB credit · 5–6.5% cap rate · $1.5M–$4.5M
Why Investors Buy 7-Eleven NNN Properties
7-Eleven is the world's largest convenience store chain, with 13,000+ US locations and investment-grade credit backed by Japan's Seven & i Holdings. Convenience store NNN properties offer exceptional location quality — high-traffic corridors, corner lots, and fuel-center adjacency — with long absolute NNN or ground lease terms and built-in 10% rent escalations.
Lease Structure
Brand Financials
Why Investors Choose 7-Eleven
- Investment-grade credit from the world's largest convenience store chain
- 13,000+ US locations providing unmatched brand recognition and resale liquidity
- Absolute NNN and ground lease formats — zero landlord obligations
- Essential retail model drives consistent traffic regardless of economic conditions
- High-traffic corner and intersection locations with strong intrinsic real estate value
- Parent Seven & i Holdings provides global financial backing
Key Risks to Underwrite
- Credit guarantee quality varies (corporate vs. franchisee) — confirm guarantee type
- Fuel price volatility can impact convenience store profitability in some markets
- Higher price points for corporate-guaranteed ground lease assets
Ideal Investor Profile
- Investors seeking investment-grade convenience retail with essential-use profile
- 1031 exchange buyers wanting long lease terms with national brand recognition
- Portfolio diversifiers adding convenience/fuel-adjacent NNN exposure
Is 7-Eleven Right for Your 1031 Exchange?
7-Eleven NNN properties are a popular 1031 exchange destination for investors who want to eliminate active management while preserving their equity in a investment-grade corporate-guaranteed asset. With typical prices of $1.5M–$4.5M, these properties fit a wide range of exchange equity positions. The Absolute NNN or Ground Lease structure means your 1031 replacement property comes with zero landlord obligations — ideal for investors who have sold multifamily, commercial, or other management-intensive assets and want truly passive income.
Compare Other NNN Tenants
Access Off-Market 7-Eleven Properties
We maintain an exclusive inventory of 7-Eleven NNN properties — many of which never appear on LoopNet or CoStar. Contact us to see what's available before it trades.