Gilbert, AZ 85297

Speedway / 7-Eleven Ground Lease

Property Address

South Lindsay Road & East Germann Road, Gilbert, AZ, USA

Offering Summary

  • Price: $3,191,489
  • Lot Size: 2.76 Acres
  • Year Built: 2023
  • Building SF: 4,600
  • Status: Closed
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  • New 20-Year Absolute Triple-Net (NNN) Ground Lease, Guaranteed by 7-Eleven
  • 10 Percent Rental Increases Every Five Years
  • Brand New 2022 Construction
  • 297,920 Residents within a Five-Mile Radius - Phoenix MSA
  • Rapidly Growing Gilbert Trade Area - Households and Population Projected to Increase Over 14 Percent in the Immediate Area by 2026
  • Adjacent to the New Town Germann Luxury Townhome Development - Gated Build-for-Rent Community with 200+ Units, Resort-Style Pool, Parks, Walking Trails, and More
  • Signalized Hard Corner Location Visible to 50,400+ Cars/Day
  • Average Household Income Exceeds $155,000 within a One-Mile Radius
  • New Lindsay Road/Loop 202 Full Diamond Interchange Opening Fall 2022, Providing Easy Access to the Subject Property
  • Close Proximity to Several Major Employers Including Insight Enterprises, Progressive Insurance, Deloitte, Isagenix International, and Merrill Lynch
  • Down the Road from Crossroads Towne Center - Notable Tenants Include Target, Walmart, Harkins Theatres, and The Home Depot

Broker Information