134 N Center Ave
Gaylord, MI 49735
7-Eleven (Corporate) · Retail Property For Sale

The subject property affords investors the opportunity to acquire a corporate 7-Eleven convenience store located in Gaylord, Michigan. Built originally in 1979 and remodeled in 2006, the 2,640 square foot building has successfully operated as a 7-Eleven for forty-one years.  This store is the only 7-Eleven in Gaylord, Michigan.  Some retailer’s located in the near vicinity include Lowe’s, Walmart, Home Depot, Advance Auto Parts and Rite Aid and fast food such as Burger King, McDonalds, KFC, Wendy’s, Starbuck’s and Subway within walking distance. There are currently 6.2 years remaining on an initial lease term that is complimented by (4), 5-year option periods that extend through 2046. The lease is net in nature and requires minimal landlord responsibilities. While tenant is responsible for maintaining roof, HVAC, & Parking lot, in the event they would absolutely need replacement, that would be the responsibility of the landlord. The lease is backed by 7-Eleven Corporate  with approximately 9,200 stores in North America and over 60,000 globally.