7-Eleven, Inc. - EXP Realty Advisors Eleven - 3224 Washington Blvd, Baltimore, … · 7-Eleven, Inc. 3224 Washington Blvd, Baltimore, MD Tenant: ... subsidiary of Seven-Eleven Japan

7-Eleven, Inc.

3224 Washington Blvd, Baltimore, MD

Tenant: 7-Eleven, Inc. | S&P Rating: AA-

Brand new 15 year ground lease | Rent commencement: January 1st, 2014

10% rent increase every 5 years during base term & options

Just off entrance/exit to I-95

Tenants in the immediate area include McDonald’s, Bank of America and Aldi among others

Less than 5 miles from Baltimore’s central business district

Approximately 150,000 people within a 3 mile radius

Price: $1,525,000 | CAP: 5.25% | NOI: $79,990

This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Not Subject Property

Phone: 212.972.3947 Fax: 212.686.0078 [email protected] www.exp1031.com

Exclusive Offering

INVESTMENT OVERVIEW

Whisper Valley Ranch

Investment Overview

This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Whisper Valley Ranch

Property Line Map

PROPERTY OVERVIEW: EXP Realty Advisors exclusively presents for sale this brand new 7-Eleven which is located in Baltimore, MD. The property is situated on Washington Boulevard, between (where it intersects with) West Papatsco Ave and S Caton Ave. Local retailers include Home Depot, Wal-Mart, LA Fitness, Aldi, Bank of America, Hess Express Gas, Midas Automotive, Office Depot, PetCo, Shell Oil and Toyota. The property is located just off the exit of I-95 (exit 50B) and is also in close proximity to I-695. No gas pumps are located at this property, it has convenience only. Central Maryland is one of the wealthiest MSAs in the nation. In 2012, the Baltimore-Columbia-Townson area came in with the fourth-highest median household income in the United States. As of 2010, Baltimore had approximately 2.7 million residents, the 20th largest urban population in the United States, and that figures continues to grow. More broadly, Baltimore’s close proximity to Washington, D.C. expands that figure to 8.4 million. In its own right, the city draws business as the second largest seaport in the Mid-Atlantic with exceptional access to the Midwestern markets. Tourism also accounts for close to $4.4 billion in spending, with 21.3 million tourists visiting in 2012 alone. LEASE SUMMARY: Lease Term: New 15 year lease Rent Commencement: January 1st , 2014 (expected) Lease Expiration: January 31st , 2029 Net Operating Income: $79,990 Rent Escalations: 10% every 5 years during base term & options Renewal Options: Three, (5) year renewals Landlord Responsibilities: None. Absolute triple net lease ground lease TENANT OVERVIEW: 7-Eleven, Inc. | S&P Rating: AA- The brand name 7-Eleven is now part of an international chain of convenience stores, operating under Seven-Eleven Japan Co., Ltd., primarily operating as a franchise. It is the largest chain store operator with more than 45,900 locations operating around the world, surpassing the previous record-holder McDonald’s Corporation in 2007. Its stores are located in eighteen countries, with its largest markets being Japan, the United States, Canada, the Philippines, Hong Kong, Taiwan, Malaysia and Thailand. 7-Eleven, Inc. as a former U.S.-originating company, is a subsidiary of Seven-Eleven Japan Co., Ltd, which in turn is owned by Seven & I Holdings Co. of Japan. The US chain has its headquarters in downtown Dallas, Texas. 7-Eleven operates, franchises and licenses more than 7,000 stores in North America. Of the close to 5,400 stores the company operates and franchises in the United States, more than 3,600 are franchised. Internationally, 7-Eleven licensees and affiliates operate approximately 34,000 7-Eleven and other convenience stores in countries including Japan, Australia, Taiwan, Singapore, Philippines, Sweden, Denmark, South Korea, Thailand, Norway, Turkey, Malaysia, China, Hong Kong and the U.S. territory of Puerto Rico.

INVESTMENT SUMMARY

Price: $1,525,000

CAP Rate: 5.25%

NNN Rent: $79,990

Bld. Sq Ft: 2,954 +/- sf

Land Size: .386 acres

Lease Type: Absolute Triple Net

7-Eleven

3224 Washington Blvd, Baltimore, MD

SITE PLAN This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

7-Eleven

3224 Washington Blvd, Baltimore, MD

*No gas pumps on site

AERIAL PHOTOGRAPH This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

7-Eleven

3224 Washington Blvd, Baltimore, MD

AERIAL PHOTOGRAPH This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

7-Eleven

3224 Washington Blvd, Baltimore, MD

MAP This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

7-Eleven

3224 Washington Blvd, Baltimore, MD

MAP This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

7-Eleven

3224 Washington Blvd, Baltimore, MD

This information has been obtained from sources deemed reliable, however EXP Realty Advisors, Inc. does not guarantee, warranty or represent its accuracy. It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Whisper Valley Ranch

Property Line Map

DEMOGRAPHIC DATA

7-Eleven

3224 Washington Blvd, Baltimore, MD

Radius 1 Mile 3 Mile 5 Mile

Population:

2017 Projection 12,099 149,948 410,356

2012 Estimate 12,156 150,109 405,213

2010 Census 12,212 150,588 402,723

Growth 2012-2017 -0.50% -0.10% 1.30%

Growth 2010-2012 -0.50% -0.30% 0.60%

2012 Population By Hispanic Origin 1,027 6,315 17,392

2012 Population by Race:

White 8,096 58,842 158,500

Black or African American 2,813 79,113 214,691

American Indian and Alaska Native 40 492 1,261

Asian 383 5,175 13,496

Native Hawaiian and Pacific Islander 19 83 214

Other Race 455 2,750 7,178

Two or More Races 351 3,654 9,874

Households:

2017 Projection 4,763 57,401 165,998

2012 Estimate 4,791 57,289 162,846

2010 Census 4,833 57,581 161,909

Growth 2012-2017 -0.60% 0.20% 1.90%

Growth 2010-2012 -0.90% -0.50% 0.60%

Owner Occupied 2,824 26,984 72,675

Renter Occupied 1,967 30,304 90,171

2012 Avg Household Income $48,306 $49,674 $54,979

2012 Med Household Income $40,253 $37,346 $39,129

2012 Per Capita Income $19,512 $20,157 $23,577

2012 Households by Household Inc:

Income Less than $15,000 886 11,568 34,277

Income $15,000 - $24,999 506 8,025 20,566

Income $25,000 - $34,999 625 7,152 18,384

Income $35,000 - $49,999 867 9,075 23,661

Income $50,000 - $74,999 1,126 10,715 28,416

Income $75,000 - $99,999 451 5,227 14,993

Income $100,000 - $149,999 256 3,753 14,455

Income $150,000 - $199,999 40 1,007 4,628

Income $200,000+ 35 762 3,455

Contact Us

EXP Realty Advisors 118 East 28th Street

Suite #901 New York, NY 10016

Phone: (212) 972-3947 Fax: (212) 686-0078 www.exp1031.com

Our Team

Daniel de Sa‘ Director of Sales

[email protected]

Robert P. James President

[email protected]

In cooperation with Maryland Broker: Metropolitan Management LLC #58654