QREA Tenant Spotlight: 7-Eleven

7-Eleven has continued its footprint expansion; in 2018 we saw this c-store add 1,300 locations with its Sunoco acquisition and now 3,900 Speedway locations in one of c-stores largest transactions for $21B. Market inventory for NNN sites has dropped nearly 25% since August with asking prices well above median sold prices YTD. 2020 slightly outpaced 2019 transaction volume in terms of the number of deals as c-stores continue to be desirable investments as essential retailers.

 

QREA Tenant Spotlight | 7-Eleven: Download Here