7-Eleven Kenmore Avenue, Buffalo, NY
741 Kenmore Ave, Buffalo, NY 14223, USA

$837,800· Gas Station / C-Store (Available)
  • Triple Net Lease – Landlord Responsible For Roof & Structure
  • Corporate Guarantee – S&P AA-
  • Approximately Three Years Remaining On Lease
  • Close To Downtown Buffalo

This investment consists of a single tenant convenience store leased to 7-Eleven. The lease was first signed in 1994 but was extended and currently is leased through 3/31/2020. The tenant has four remaining option terms, originally six but 7-Eleven has exercised two thus far.

The structure of the lease is NNN whereas the tenant is responsible for all taxes, insurance, common area maintenance. Landlord is responsible for replacement (including roof and structure).

Location

Agent

Jeff Rowlett

jeff.rowlett@marcusmillichap.com
262 364 1924

Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Mr. Rowlett is widely recognized as a leading investment properties specialist. His expertise is in understanding the capital markets, knowing..

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