Wednesday, October 11, 2017

Hanley Investment Group Completes Three 7-Eleven Deals for $9.13 Million, Marking Jeremy McChesney’s 23rd 7-Eleven Transaction in 2.5 Years

  
Jeremy McChesney
CORONA DEL MAR, CA - Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced Executive Vice President Jeremy McChesney has completed the sale of three 7-Eleven properties in separate transactions for a combined value of $9,130,000.

The properties are located in Los Angeles, San Diego and Bakersfield, California. One of the transactions had a record-low cap rate for 2017. McChesney has now completed the sale of 23 7-Eleven properties in the last 2.5 years, the most 7-Elevens sold by one individual in the U.S. during this same period.

“These sales highlight the continued demand by investors for high quality, investment grade net-lease and two-tenant properties and investors’ willingness to look in major metros to find them,” said McChesney. 7Eleven, Inc. is the world’s largest chain in the convenience retailing industry. Based in Irving, Texas, 7Eleven® operates, franchises and/or licenses more than 63,000 stores in 18 countries, including 10,900 in North America.

“All three 7-Eleven properties had attractive fundamentals including absolute triple-net leases and hard corner locations with good traffic counts, demographics, proximity and ease of access to major thoroughfares,” said McChesney.

For more information on this press release, please contact:

Jeremy McChesney
 Executive Vice President
Hanley Investment Group

949.585.7671  

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