7-Eleven NNN — Horse Cave, KY
$10,377,000 · 5.25% CAP · 15 YRS
New 2026-built, Speedway-branded 7-Eleven interstate travel center at Exit 58 on I-65. The corporate lease runs 15 years absolute net with 7.5% escalations every five years and five 5-year options.
Lease Abstract
- Price
- $10,377,000
- Cap rate
- 5.25% CAP
- NOI
- $544,782
- Term remaining
- 15 YRS
- Lease type
- Absolute NNN
- Increases
- 7.5% every 5 years
- Guarantee
- Corporate
- Building
- 4,824 SF
- Lot
- 5.28 AC
- Year built
- 2026
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Property Details
4,824 SF building, built 2026, 5.28 acres of land. $2,151/SF asking, $112.93/SF NOI. Rent increases: 7.5% every 5 years. Corporate guarantee. Primary term ends around 2041 (15 yrs left at listing, Jul 2026).
Location
Horse Cave, Kentucky. Full address and offering memorandum released on request — see our 7-Eleven tenant guide and the Kentucky market page for the underwriting context.
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