7-Eleven NNN — Louisville, KY

$8,114,000 · 5.25% CAP · 15 YRS

Ground-up 2026 construction on 7-Eleven's latest fuel-and-convenience prototype in Louisville. Corporate-signed paper: 15 years absolute net, 7.5% bumps every five years, five renewal options.

Lease Abstract

Price

$8,114,000

Cap rate

5.25% CAP

NOI

$425,996

Term remaining

15 YRS

Lease type

Absolute NNN

Increases

7.5% every 5 years

Guarantee

Corporate

Building

4,824 SF

Lot

1.44 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, 1.44 acres of land. $1,682/SF asking, $88.31/SF NOI. Rent increases: 7.5% every 5 years. Corporate guarantee. Primary term ends around 2041 (15 yrs left at listing, Jul 2026).

Location

Louisville, Kentucky. Full address and offering memorandum released on request — see our 7-Eleven tenant guide and the Kentucky market page for the underwriting context.