7-Eleven NNN Property For Sale — Manchester, NH
117 Queen City Avenue, Manchester, NH 03101
This 7-Eleven property presents a compelling investment opportunity in Manchester, New Hampshire. The asset benefits from a corporately guaranteed lease with 7-Eleven, an investment-grade tenant with a Standard & Poor's rating of AA-. The property has a long-standing operating history at this location since 2001, demonstrating consistent performance. Investors will appreciate the absolute triple net lease structure, which requires no landlord responsibilities. The site is strategically positioned on Queen City Avenue, a major thoroughfare, and is in close proximity to Interstate 293, ensuring high visibility and accessibility. The surrounding area is densely populated, with approximately 18,000 residents within a one-mile radius, providing a strong customer base. The property's location a…
- Address: 117 Queen City Avenue, Manchester, NH 03101
- Asking price $2.46M
- 8.00% cap rate
- NOI $196,900
- 1 years remaining
- NNN lease
- Year built: 1999
- Building size: 2,500 SF
- Lot size: 0.46 acres
- Lease expiration: Sep 30, 2019
- Rent increases: Three 5-Year at FMV
- Guarantor: Corporate
Location
This 7-Eleven property is at 117 Queen City Avenue in Manchester, New Hampshire.
Asset type: Retail