7-Eleven NNN Property For Sale — Romulus, MI
39390 Ecorse Rd, Romulus, MI 48174
This absolute NNN 7-Eleven Gas Station Ground Lease presents an exceptional investment opportunity. The property boasts a strong corporate guarantee from an S&P AA-rated tenant, ensuring reliable income. Located at a signalized four-way intersection, the site benefits from high visibility and traffic in a densely populated area. The lease offers a remaining term of over 10 years with attractive rental escalations every five years, providing an excellent hedge against inflation. This asset is strategically positioned in Romulus, Michigan, a growing suburban community within Metro Detroit, home to major employers and benefiting from its proximity to key transportation arteries.
- Address: 39390 Ecorse Rd, Romulus, MI 48174
- Asking price $2.08M
- 5.00% cap rate
- NOI $104,000
- 2 years remaining
- NNN lease
- Year built: 2002
- Building size: 4,138 SF
- Lot size: 1.17 acres
- Lease expiration: Aug 31, 2028
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This 7-Eleven property is at 39390 Ecorse Rd in Romulus, Michigan.
Asset type: Gas Station Convenience Store