7-Eleven NNN Properties For Sale: Listings, Cap Rates and 1031 Buyer Guide

| by the Investment Grade Team

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This page tracks 7-Eleven net lease properties observed for sale in the United States, refreshed automatically from listing broker materials, checks the tenant against the investment grade threshold, and walks through how to evaluate one before you make an offer. If you want the corporate credit story, the 7-Eleven credit rating and cap rate profile covers it. This page is about the inventory: what is on the market, what it is asking, how the pricing breaks down by term, state and lease type, and how a buyer, especially a 1031 exchange buyer, should work through it.

On a 7-Eleven property, who signed the lease determines the credit. 7-Eleven, Inc. carries issuer ratings of A- from S&P Global Ratings and Baa2 from Moody’s: all investment grade (BBB-/Baa3 or higher). Ratings checked October 8, 2026. Many 7-Eleven locations are operated by a franchisee, dealer or independent operator, and an issuer rating does not extend to an operator lease unless a written corporate guaranty says so. Confirm the signature block. See the 7-Eleven credit profile.

171 7-Eleven NNN properties observed for sale across 33 states as of October 19, 2026. Median asking cap rate 5.15% (range 4.25% to 7.75%). Median asking price $4.73M. Average remaining lease term 10.7 years (among 31 listings that state a term). Median building 3,050 SF. Figures update automatically from listing broker materials.

7-Eleven NNN Properties For Sale: Latest Listings

Up to twelve of the most recently listed single-tenant 7-Eleven properties with published pricing. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.

LocationAsking PriceCap RateNOITerm LeftBuiltLease
Hampton, VA$2,177,0615.75%$125,181n/a1979Not statedGet full property data
Chicago, IL$3,823,4176.00%$229,405n/a2020Not statedGet full property data
Hampton, VA$2,616,8705.75%$150,470n/a1962Not statedGet full property data
Windsor Hills, CA$7,122,9715.15%$366,833n/a1951Not statedGet full property data
Stockton, CA$6,464,8745.15%$332,941n/a2020Not statedGet full property data
Williamsburg, VA$4,618,0005.75%$265,535n/a1977Not statedGet full property data
Surry, VA$1,429,3745.75%$82,189n/a1981Not statedGet full property data
Poquoson, VA$3,430,5045.75%$197,254n/a1975Not statedGet full property data
Gloucester, VA$1,935,1655.75%$111,272n/a2011Not statedGet full property data
Zion Crossroads, VA$7,745,6844.75%$367,920n/a2022Not statedGet full property data
Cleveland, OH$6,570,0005.35%$351,459n/a1999Not statedGet full property data
Santa Ana, CA$2,690,0005.00%$134,520n/a1973Not statedGet full property data

Showing the 12 most recently listed of 171 observed listings; listings without a published asking price and cap rate are not shown here.

Search all 171 7-Eleven properties on the market

Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the listing party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.

Get new 7-Eleven listings in your cap rate band

New 7-Eleven net lease listings matched to your criteria, emailed as they are observed on the market. One email per match, nothing else.

Investment Grade Income Property, LP is a licensed commercial real estate brokerage. Your details are used to send the information you requested and are never shared with listing brokers without your permission.

What You Are Actually Buying

This is the tenant where the signatory question matters most. 7-Eleven operates a mix of corporate stores and franchised stores, so a listing may carry a corporate lease or a franchisee lease with a corporate guaranty, or neither. Two 7-Eleven properties at the same cap rate can carry completely different credit. Confirm the signing entity and any guaranty before anything else.

The typical asset is a small building of roughly 2,500 to 4,000 square feet on a corner parcel, usually with fuel canopies and underground storage tanks. The fuel component is what separates this from other small-format net lease: it introduces environmental liability that does not exist on a coffee shop or a dollar store pad.

Across the current inventory, roughly 24% of listings with a reported build year were delivered in the last four years, and about 0% are marketed as NN, NN+ or simply Net, which usually means the landlord retains roof and structure and sometimes parking and HVAC. Read the lease rather than the brochure headline. If the rating framework behind investment grade tenancy is unfamiliar, the investment grade guide explains it.

7-Eleven Cap Rate, Price and Term Distribution

These tables are generated from the live inventory and refresh every few hours. Use them to place any individual listing in context rather than judging an asking cap rate in isolation.

Asking Cap Rate BandListingsShareAvg Asking Price
Under 5.00%4124%$6.56M
5.00% to 5.49%8550%$6.20M
5.50% to 5.99%2917%$3.15M
6.00% to 6.49%85%$3.98M
6.50% to 6.99%42%$3.69M
7.00% and above21%$2.56M
Asking Price BandListingsShareAvg Cap Rate
Under $1.5M64%5.51%
$1.5M to $2.5M169%5.62%
$2.5M to $3.5M2816%5.40%
$3.5M to $5M4124%5.27%
$5M and above8047%5.03%
Remaining Lease TermListingsAvg Cap Rate
Under 5 years45.55%
5 to 10 years95.47%
10 to 15 years125.31%
15 years and longer65.11%
Lease Type (as marketed)Listings
Not stated136
Absolute NNN25
NNN10

How to read the pricing

The spread inside the 7-Eleven inventory runs from 4.25% to 7.75%, against a median of 5.15%. Three variables help explain much of that spread, although these tables describe asking prices and do not isolate any single effect. First, remaining term, shown in the term table above. Second, geography, shown in the state table below. Third, lease structure and real estate quality: longer terms, stronger guarantors, absolute NNN structures and strong access generally ask lower cap rates, while leases with landlord responsibilities (NN) and secondary access generally ask higher ones; ground leases can price on either side, depending on rent and land value. When a listing sits far outside the band its term and state would predict, there is usually a reason in the lease, and it is worth finding before you write the offer rather than after.

Where 7-Eleven NNN Properties Are For Sale

Current inventory spans 33 states. Differences between states in the table below can reflect local buyer demand, growth, taxes and the mix of lease terms in each state’s listings as much as anything about the tenant, and small state samples can shift quickly.

StateListingsAvg Cap RateAvg Asking Price
TX295.33%$6.19M
FL234.88%$7.05M
CA165.03%$4.79M
VA145.40%$3.84M
IL105.50%$3.96M
OH95.36%$6.07M
MI75.25%$4.72M
IN75.14%$7.57M
PA65.19%$3.36M
NC55.32%$3.54M
SC55.03%$6.84M
NV45.28%$5.65M

Shows the 12 states with the most listings, out of 33 states with 7-Eleven listings. Search all listings for the rest.

7-Eleven as a 1031 Exchange Replacement Property

The median asking price in the current 7-Eleven inventory is $4.73M, and about 26% of listings fall in the middle of the market between 1.5 and 3.5 million dollars. Whether that fits an exchange depends on the equity coming out of the relinquished property and on the debt you need to replace.

  • Identify from the live list, not a stale one. Listings move. Identify two or three specific properties under the three-property rule and keep a backup that is realistically still available.
  • Debt replacement is the trap. If the relinquished property carried a mortgage, you must replace that debt or add cash to fully defer gain. Where lender pricing sits above the asking cap rate, financed acquisitions run negative leverage. Run your own debt numbers before you identify.
  • Term should match your hold. If you plan to hold through the next exchange or pass the asset to heirs, prioritize term and options over 25 basis points of cap rate.
  • Certainty of closing matters more than price. A clean estoppel, a current lease and no pending relocation are worth paying for on a 45-day clock.

For identification mechanics, timelines and the NNN, DST and UPREIT alternatives, see the 1031 exchange into investment grade property guide.

7-Eleven NNN Due Diligence Checklist

These are the items that change the value of a 7-Eleven listing and are rarely resolved by the offering memorandum.

  • Lease signatory and guaranty. Establish whether the obligor is the corporate entity, a franchisee, or a franchisee with a corporate guaranty. This is the single largest pricing variable in the inventory.
  • Underground storage tanks and environmental. Obtain Phase I and, where indicated, Phase II. Confirm tank age, testing records, registration status and who carries remediation obligation under the lease.
  • Fuel supply agreements. Understand any branded fuel supply arrangement and whether it survives a sale.
  • Access and corner quality. Curb cuts, signalization and traffic counts drive both current sales and residual value on a fuel site.

How Investment Grade Works With 7-Eleven Buyers

Investment Grade Income Property, LP is a licensed commercial real estate brokerage providing national advisory on acquisitions and dispositions of net lease property, with Broker of Record co-listing partnerships in all 50 states. On a 7-Eleven acquisition we screen the live inventory against your criteria, pull the lease abstract behind any listing you want to pursue, benchmark the asking cap rate against the distribution above, and negotiate on your side of the table through closing. On most transactions there is no separate fee to the buyer because compensation is paid from the transaction by the listing side. Where that is not the case we disclose it in writing before you engage.

Owners of existing 7-Eleven properties can use this page as a valuation benchmark. If you are weighing a sale, an off-market disposition to a qualified 1031 buyer often closes faster and with less retrading than a broad marketing process.

Frequently Asked Questions

How many 7-Eleven NNN properties are for sale right now?

As of October 19, 2026, 171 single-tenant 7-Eleven net lease properties are observed for sale across 33 states. The count updates automatically as listings are added and removed.

Is 7-Eleven investment grade?

That depends on who signed the lease. 7-Eleven, Inc. carries issuer ratings of A- from S&P Global Ratings and Baa2 from Moody’s: all investment grade (BBB-/Baa3 or higher). Ratings checked October 8, 2026.

What cap rate do 7-Eleven NNN properties sell at?

The current median asking cap rate is 5.15%, with the inventory ranging from 4.25% to 7.75%. Longer term, stronger markets and absolute NNN structures price at the tight end.

How much does a 7-Eleven NNN property cost?

The median asking price in the current inventory is $4.73M, with listings from $0.73M to $14.99M. About 26% fall between 1.5 and 3.5 million dollars.

Who signs the lease on a 7-Eleven property?

This is the tenant where the signatory question matters most. 7-Eleven operates a mix of corporate stores and franchised stores, so a listing may carry a corporate lease or a franchisee lease with a corporate guaranty, or neither. Two 7-Eleven properties at the same cap rate can carry completely different credit. Confirm the signing entity and any guaranty before anything else.

Is a 7-Eleven property a good 1031 exchange replacement?

It depends on your equity, your debt replacement requirement and your hold period. The median asking price is $4.73M and roughly 26% of inventory sits in the 1.5 to 3.5 million dollar range that suits a typical exchange. Term, lease structure and certainty of closing matter more than headline cap rate on a 45-day clock.

Working a 7-Eleven acquisition or a 1031 identification deadline? Register on any listing above for full property data and a due diligence review, or email steve@investmentgrade.pro with your price range, target states and closing timeline and we will screen the live inventory for you.

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