Brand new build-to-suit construction occupied by 7-Eleven Corporate, an investment grade credit tenant (S&P: AA-).

• 15-Year NNN lease with 7.5% rent increases every 5 years; scheduled rent bumps increase yield an estimated 30 basis points at year 6.
• Upside through development potential of a freestanding or inline retail with a drive-thru located adjacent to 7-Eleven on same parcel.
• Located on the corner of Hardeson St. & Hardeson Rd, which has access to Boeing Frwy containing over 75,000 vehicles per day.
• Strong local demographics with an average household income of $99,000 and over 215,000 residents within a five mile radius.
• Less than 3 miles from the Boeing Everett Factory, with over 30,000 employees and 150,000 annual factory visitors.
• Close proximity to numerous distribution centers for prominent brands including Amazon, Funko, FedEx, US Foods, and Frito-Lay.