7-Eleven Net Lease Market Report Summary
Get the Full Report
Every sale and listing, plus the numbers behind each chart.
Closed 7-Eleven net leases traded at a 5.33% median cap rate across 95 sales, Nov 2022 to Oct 2026; listings ask 5.20%, about 13 bps tighter than trades.
Market report · Data through · Updated · The Finem Group
- Average sold cap rate, 2026
- 5.45%
- 24 sales
- Median asking cap rate
- 5.20%
- 141 listings
- Median sold cap rate
- 5.33%
- 95 sales, all years
- Average rent per site
- $252K
- 95 sales, reported NOI
At a glance
Credit
- Parent
- Seven & i Holdings Co. (Japan)
- Guarantor
- 7-Eleven, Inc.
- Stores
- 13,000+ in the U.S. and Canada (Apr 2026)
Store count and closure plan: Associated Press, April 2026.
A typical lease
- Structure
- Absolute NNN with a corporate guarantee
- Term
- 22 of 41 at 15 yrs; newer Georgia deals run 15 to 18
- Increases
- 10% every 5 years; 7.5% on some Midwest and Texas deals
- Options
- Four 5-yr on most new stores
- Lot size
- Median 1.17 acres
Company overview
7-Eleven, Inc. runs the 7-Eleven brand in North America and is owned by Seven & i Holdings of Japan. It oversees more than 13,000 stores in the U.S. and Canada.
The company has said it expects to close 645 North American stores in fiscal 2026 and open about 205, so the store behind a lease matters as much as the brand.
The short version
In 2026, 24 7-Eleven net leases sold at an average 5.45% cap rate. Asking cap rates today are a median 5.20%, lower. A lower cap rate means a higher price.
The average closed site pays about $252K a year in rent. Rent is the annual net operating income reported on each sale.
Newer stores (built 2019 or later) traded at about a 5.25% cap rate on rents of about $367K, against 5.30% on about $242K for older stores. 32 sales have no year built, so the build-to-suit share is not yet known.
Want the longer write-up? Read our full 7-Eleven analysis.
Cap rates over time
SoldAsking
A cap rate is the yearly rent divided by the price. A lower cap rate means a higher price. Each mark is one comp.
Sales November 2022 to October 2026. Years with few sales can swing a lot. Reported, not verified.
Recent sales
The 10 most recent of 95 sales. Yearly rent is the net operating income reported on the sale.
| Location | Sold | Price | Cap rate | Acres | Yearly rent |
|---|---|---|---|---|---|
| West Point, GA | Oct 2026 | $9,906,542 | 5.35% | 7.05 | $530,000 |
| Oklahoma City, OK | Oct 2026 | $5,325,000 | 5.39% | 2.65 | $266,378 |
| Pinellas Park, FL | Oct 2026 | $6,210,000 | 5.05% | 2.27 | $313,605 |
| Fort Worth, TX | Sep 2026 | $3,700,000 | 5.13% | 0.92 | $189,963 |
| St Petersburg, FL | Sep 2026 | $2,220,183 | 5.45% | 0.80 | $121,000 |
| Carnesville, GA | Jul 2026 | $11,000,000 | 5.35% | 3.33 | $588,000 |
| Madison, WI | Jul 2026 | $3,567,000 | 4.85% | 0.61 | $173,000 |
| Chesapeake, VA | Jul 2026 | $1,770,000 | 6.20% | 1.22 | $109,740 |
| Tarpon Springs, FL | Jul 2026 | $4,673,500 | 5.00% | 1.01 | $233,673 |
| Westminster, CO | May 2026 | $4,800,000 | 5.16% | 1.37 | $247,680 |
The full report lists every sale with its address and source. Prices and cap rates are as reported by brokers and public sources.
On the market now
A sample of 10 of the 141, spread from the lowest to the highest asking cap rate, 7-Eleven net leases listed for sale today. These are asking prices, not closed sales.
| Location | Asking price | Asking cap rate | Acres | Yearly rent |
|---|---|---|---|---|
| Manor, TX | $7,221,830 | 4.65% | 0.68 | $335,815 |
| Myrtle Beach, SC | $9,844,454 | 4.85% | 2.16 | $477,456 |
| Spicewood, TX | $7,805,000 | 5.00% | 1.72 | $390,262 |
| McAllen, TX | $4,713,140 | 5.00% | – | $235,657 |
| Fort Lauderdale, FL | $4,337,551 | 5.00% | 0.57 | $216,878 |
| Midland, MI | $6,456,937 | 5.25% | 1.02 | $338,989 |
| Cleveland, OH | $6,570,000 | 5.35% | 0.96 | $351,459 |
| Pharr, TX | $6,595,670 | 5.50% | 2.16 | $362,762 |
| Stow, OH | $4,000,000 | 6.00% | 1.10 | $240,000 |
| Oconomowoc, WI | $800,000 | 9.24% | 2.01 | $73,905 |
Asking prices can change. Reported, not verified.
Full report
Get the Full Report
The full report has every sale with its source, cap rates by year and region, how newer and older stores priced, and the lease terms behind them.
Own a 7-Eleven property? Call us and we will tell you what it would sell or lease for today.
Have land to develop? We bring you the tenant.
Prefer to talk? Call 706.294.1757
Questions investors ask
What cap rate do 7-Eleven net leases sell at?
Closed 7-Eleven net leases in this data set traded at a median 5.33% cap rate (95 sales, November 2022 to October 2026), ranging 4.08% to 8.03%.
What are 7-Eleven net leases asking?
On-market 7-Eleven net lease listings asked a median 5.20% cap rate across 141 listings as of Nov 12, 2026, against a 5.33% median on closed sales.
How much rent does a 7-Eleven net lease pay?
The average closed 7-Eleven site in this data set pays about $252K a year (net operating income reported on the sale, 95 sales, Nov 2022 to Oct 2026).
How current is this 7-Eleven data?
The newest closed sale here is from October 2026, and the data runs to Nov 12, 2026. The page was last updated Nov 12, 2026.
What lease does 7-Eleven sign?
Most sales in this data set are corporate-guaranteed absolute NNN leases with 10% rent increases every five years and four five-year options on most new stores.
Talk to the team
More from The Finem Group
- 7-Eleven Market Report (our full 7-Eleven write-up)
- All market reports and research
- Net lease and ground lease brokerage
- 1134 E Howe Springs Rd - 2400 SF Retail/±0.44 AC - Florence SC (available now)
- Historic 20K SF Downtown Augusta (GA) Building | 1216 Broad St. (available now)
- 1505 N Leg Rd - Value-Add Retail Center (available now)
- All the commercial properties we represent, net lease and retail included
Other tenant market reports
Quick-service restaurants
Convenience stores and fuel
Cite this report
Use the figures with a link back to this page. Suggested citation:
Finem Group at Meybohm Commercial. 7-Eleven Net Lease Market Report Summary. October 2026. https://finemgroup.com/marketreport7eleven
Data: Crexi comps and listings / CoStar / web-sourced sales, 95 closed and 141 on-market net lease comps, as of Nov 12, 2026. Sales Nov 2022 to Oct 2026; six more sales are held out pending review. Asking prices and cap rates are as stated on Crexi listings on Nov 12, 2026, and some listings were not read. Information is believed reliable but is not guaranteed. An independent market report; not investment, legal or tax advice. 948 Reynolds Street, Augusta, GA 30901.