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Speedway | 7-Eleven Corp Guaranty 800 Flint Ridge Rd 4,824 SF Retail Building Horse Cave, KY 42749 $10,377,000 ($2,151.12/SF) 5.25% Cap Rate
Investment Highlights
- Investment-Grade Tenant | Internet-Resistant, Recession-Resilient Business Model
- Interstate 65 Corridor | Tourism Driven Demand | Limited Direct Competition
- Under Construction | Estimated Delivery & Rent Commencement
Executive Summary
SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN-leased Speedway convenience store and fuel station in Horse Cave, Kentucky. The property is leased to 7-Eleven, Inc. (dba Speedway) under a newly executed 15-year corporate lease with five 5-year renewal options, signed by the corporate entity, 7-Eleven, Inc. (S&P: A–), with zero landlord responsibilities. The lease features 7.5% scheduled rental increases every five years, growing NOI contractually from $544,782 in Year 1 to $629,564 in Year 11. Built in 2026 to 7-Eleven’s latest prototype standard, the property may qualify for 100% bonus depreciation under the One Big Beautiful Bill Act (signed July 4, 2025) — making it among the most tax-efficient acquisition structures currently available in the net lease market.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
4,824 SF
Year Built
2026
Price
$10,377,000
Price Per SF
$2,151.12
Cap Rate
5.25%
NOI
$544,782
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
5.28 AC
Opportunity Zone
Yes
Zoning
B-2 - Commercial
Parking
48 Spaces (9.95 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signage
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
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