7-Eleven NNN Property For Sale — Leduc, AB
50th Avenue, Leduc, AB T9E 6J7
This 7-Eleven property presents an exceptional investment opportunity in Leduc, Alberta, Canada, strategically located within the Edmonton CMA. The property features an absolute triple net lease with 15 years remaining, backed by a corporate guaranty from 7-Eleven, an investment-grade tenant with an S&P rating of AA-. The 2,400 square-foot convenience store is situated on a prominent hard corner at a signalized intersection along 50th Avenue, a major east-west thoroughfare. This prime location places the property within a robust retail corridor, surrounded by major retailers such as Walmart Supercenter, RONA, Canadian Tire, and others. The site benefits from its close proximity to the Edmonton International Airport, a key driver of regional economic growth. The lease structure includes fi…
- Address: 50th Avenue, Leduc, AB T9E 6J7
- Asking price $4.51M
- 6.00% cap rate
- NOI $270,900
- 8.3 years remaining
- NNN lease
- Year built: 2006
- Building size: 2,400 SF
- Lot size: 1.19 acres
- Lease expiration: Dec 31, 2034
- Rent increases: Current - 12/31/34: 270,900; 1/1/35 - 12/31/35: 275,641; 1/1/36 - 12/31/36: 280,464; 1/1/37 - 12/31/37: 285,373; …
- Guarantor: Corporate
Location
This 7-Eleven property is at 50th Avenue in Leduc, AB.
Asset type: Retail