Speedway | Best in Class Brand | Includes Gas/C-Store/Car Wash

The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to purchase a well-established Speedway (C-Store, Service Station & Car Wash) in North Canton, OH.  In May of 2021 7-Eleven Purchased 3,800 Speedway locations further securing 7-Eleven’s Position as the largest operator, franchisor and licensor of convenience stores worldwide.

Speedway has successfully operated at this location since 1996, and 7-Eleven recently signed a new 15-year lease demonstrating the strength of this store and their commitment to this site.  With no landlord responsibilities, five 5-year option periods, 10% rent increases and an investment grade credit rating, this asset is ideal for an investor seeking passive income for years to come.

The 2,360 SF building, tunnel car wash and 10 fueling stations are strategically positioned on a 1-acre outparcel to BJ’s Wholesale Club, adjacent to The Home Depot and opposite Sam’s Club.  Located on the hard corner signalized intersection of Portage Street NW and Frank Avenue NW (over 52,532 VPD), the parcel benefits from multiple points of ingress/egress and great visibility. 

Available