7-Eleven & Speedway Net-Lease Portfolio79 Individually Available NNN Investments
Confidential Net-Lease Offering
Every property is leased to 7-Eleven, Inc. — a subsidiary of Seven & i Holdings (TYO: 3382) and the world’s largest convenience-store operator, with investment-grade credit (S&P A- / Moody’s Baa2). Two lease-term buckets: a long-dated Michigan group (5.25% cap, 2038–2040) and a shorter-term multi-state group (4.75–5.50% cap, 2028–2034). Each site is independently scored on a 100-point location-intelligence framework.
Fortis Capital Solutions is offering 79 single-tenant, absolute-NNN 7-Eleven and Speedway properties for sale on an individual basis — buy one, several, or the group. All leases carry the corporate guaranty of 7-Eleven, Inc. — a wholly-owned subsidiary of Seven & i Holdings Co., Ltd. (TYO: 3382) and the largest convenience-store operator in the world — carrying investment-grade credit (S&P A- / Moody’s Baa2; parent Seven & i rated S&P A- / Moody’s A3). The Ann Arbor asset operates under the Speedway brand, also a 7-Eleven, Inc. entity.
The portfolio splits into two clearly separated groups by remaining lease term. The long-dated Michigan group offers the longest remaining term — 12–15 years with 1.0% annual rent growth at a 5.25% cap. The shorter-term multi-state assets are also available separately, priced at 4.75–5.50% caps for buyers seeking higher going-in yield or a value-add renewal thesis.
The tenant behind the rent — company scale, credit, and the net-lease case.
7-Eleven is the world’s largest convenience-store retailer, operating, franchising, or licensing more than 85,000 stores across roughly 20 countries — including over 12,000 in the United States, where the 7-Eleven, Speedway, and Stripes banners together form the nation’s largest convenience chain by store count, ahead of Circle K and Casey’s. The U.S. business, 7-Eleven, Inc., is headquartered in Irving, Texas and is a wholly-owned subsidiary of Seven & i Holdings Co., Ltd. (TYO: 3382). Both entities carry investment-grade credit — 7-Eleven, Inc. is rated S&P A- / Moody’s Baa2 and parent Seven & i is rated S&P A- / Moody’s A3 — placing this income stream on the credit of one of retail’s most recognized and financially substantial operators. Seven & i has announced plans to list its North American convenience business publicly in 2026, a step expected to further sharpen the focus and transparency of the tenant behind these leases.
In May 2021, 7-Eleven, Inc. completed its $21 billion all-cash acquisition of Speedway from Marathon Petroleum — the largest acquisition in 7-Eleven’s history — absorbing approximately 3,800 Speedway stores across 36 states and lifting its North American footprint to roughly 14,000 locations spanning 47 of the 50 most populated U.S. metropolitan areas. For an owner of a Speedway-branded asset, that transaction represents a meaningful strengthening of tenant credit: rent that once rested on a stand-alone fuel-and-convenience operator is now backed by 7-Eleven, Inc. and the scale of the world’s largest convenience retailer, together with its investment-grade parent, Seven & i Holdings (S&P A- / Moody’s A3). The Speedway locations in this portfolio are 7-Eleven, Inc. entities, so investors underwrite the same benchmark tenant credit whether a site trades under the 7-Eleven or the Speedway banner.
For net-lease investors, 7-Eleven is a benchmark tenant. Its stores are typically held on long-term absolute / triple-net leases — the tenant bears property taxes, insurance, and maintenance, leaving the landlord a passive, bond-like income stream — with contractual rent escalations (commonly 10% every five years) that hedge inflation over the term. Convenience, fuel, and food are necessity-based, largely e-commerce-resistant categories that have historically proven resilient across economic cycles. Investment-grade 7-Eleven net-lease assets have traded in roughly the 5.5%–6.5% cap-rate range in 2026, and deep institutional demand — from REITs, private equity, and family offices — for corporate-guaranteed 7-Eleven product supports both durable in-place income and a well-established exit. Every lease in this portfolio carries a 7-Eleven, Inc. corporate guaranty, so the rent obligation rests on the parent operating company’s credit rather than the performance of any single store.
All 79 sites, color-coded by location grade. Click a pin for the snapshot, then open the listing.
Offered through Fortis Capital Solutions. Corporate 7-Eleven / Speedway sites · 5.25% cap · leases running to 2038–2040 · 1.0% annual rent bumps
10 listings · $2,812,884 aggregate rent · $53,578,000 aggregate asking · $110.34/SF avg rent
| # | Property | Grade | Score | SF | Asking | Cap | $/SF | Term | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 7-ElevenMidland, MI 📍 Map | Excellent | 77⛽18+/3mi | 3,136 | $6,457,000 | 5.25% | $2,058.99 | 12.4 yrs | View → |
| 2 | 7-ElevenFlint, MI 📍 Map | Excellent | 73⛽18+/3mi | 2,356 | $4,781,000 | 5.25% | $2,029.29 | 12.4 yrs | View → |
| 3 | SpeedwayAnn Arbor, MI 📍 Map | Strong | 70⛽19+/3mi | 2,334 | $5,712,000 | 5.25% | $2,447.30 | 14.4 yrs | View → |
| 4 | 7-ElevenKalamazoo, MI 📍 Map | Strong | 64⛽15+/3mi | 3,107 | $6,482,000 | 5.25% | $2,086.26 | 14.4 yrs | View → |
| 5 | 7-ElevenBay City, MI 📍 Map | Strong | 57⛽8+/3mi | 2,341 | $5,100,000 | 5.25% | $2,178.56 | 12.4 yrs | View → |
| 6 | 7-ElevenMuskegon, MI 📍 Map | Strong | 56⛽9+/3mi | 2,480 | $6,189,000 | 5.25% | $2,495.56 | 12.4 yrs | View → |
| 7 | 7-ElevenFlint, MI 📍 Map | Strong | 56⛽20+/3mi | 2,339 | $5,846,000 | 5.25% | $2,499.36 | 13.4 yrs | View → |
| 8 | 7-ElevenSaginaw, MI 📍 Map | Average | 54⛽19+/3mi | 2,342 | $6,054,000 | 5.25% | $2,584.97 | 12.4 yrs | View → |
| 9 | 7-ElevenVassar, MI 📍 Map | Average | 45⛽3/3mi | 2,559 | $3,374,000 | 5.25% | $1,318.48 | 14.4 yrs | View → |
| 10 | 7-ElevenSaranac, MI 📍 Map | Weak | 30⛽4/3mi | 2,500 | $3,583,000 | 5.25% | $1,433.20 | 14.4 yrs | View → |
Available individually alongside the long-dated Michigan group. Corporate 7-Eleven / Speedway sites · 4.75–5.50% cap · leases to 2028–2034
69 listings · $13,033,917 aggregate rent · $253,494,000 aggregate asking · $66.39/SF avg rent
| # | Property | Grade | Score | SF | Asking | Cap | $/SF | Term | |
|---|---|---|---|---|---|---|---|---|---|
| 11 | 7-ElevenStuart, FL 📍 Map | Excellent | 90⛽20+/3mi | 3,600 | $5,841,000 | 5.00% | $1,622.50 | 5.4 yrs | View → |
| 12 | 7-ElevenTampa, FL 📍 Map | Excellent | 87⛽—/3mi | 2,538 | $5,094,000 | 4.75% | $2,007.09 | 13.4 yrs | View → |
| 13 | 7-ElevenWest Palm Beach, FL 📍 Map | Excellent | 85⛽—/3mi | 1,610 | $3,045,000 | 5.00% | $1,891.30 | 5.7 yrs | View → |
| 14 | 7-ElevenWest Palm Beach, FL 📍 Map | Excellent | 85⛽—/3mi | 1,610 | $2,985,000 | 5.00% | $1,854.04 | 5.7 yrs | View → |
| 15 | 7-ElevenDerwood, MD 📍 Map | Excellent | 84⛽—/3mi | 1,197 | $5,053,000 | 5.25% | $4,221.39 | 14.4 yrs | View → |
| 16 | 7-ElevenIrving, TX 📍 Map | Excellent | 83⛽—/3mi | 2,684 | $5,027,000 | 4.75% | $1,872.95 | 14.4 yrs | View → |
| 17 | 7-ElevenLongwood, FL 📍 Map | Excellent | 82⛽—/3mi | 3,073 | $5,094,000 | 4.75% | $1,657.66 | 13.4 yrs | View → |
| 18 | 7-ElevenTamarac, FL 📍 Map | Excellent | 82⛽19+/3mi | 3,077 | $4,650,000 | 5.00% | $1,511.21 | 5.4 yrs | View → |
| 19 | 7-ElevenSarasota, FL 📍 Map | Excellent | 81⛽20+/3mi | 3,179 | $4,488,000 | 5.00% | $1,411.76 | 2.4 yrs | View → |
| 20 | 7-ElevenTampa, FL 📍 Map | Excellent | 81⛽—/3mi | 2,669 | $3,701,000 | 4.75% | $1,386.66 | 14.4 yrs | View → |
| 21 | 7-ElevenCharlotte, NC 📍 Map | Excellent | 81⛽19+/3mi | 2,959 | $3,239,000 | 5.00% | $1,094.63 | 5.4 yrs | View → |
| 22 | 7-ElevenMinnetonka, MN 📍 Map | Excellent | 80⛽—/3mi | 4,808 | $3,224,000 | 5.50% | $670.55 | 9.4 yrs | View → |
| 23 | 7-ElevenRichmond, VA 📍 Map | Excellent | 80⛽—/3mi | 1,064 | $3,348,000 | 5.25% | $3,146.62 | 14.4 yrs | View → |
| 24 | 7-ElevenFort Worth, TX 📍 Map | Excellent | 79⛽—/3mi | 3,102 | $7,498,000 | 4.75% | $2,417.15 | 14.4 yrs | View → |
| 25 | 7-ElevenLas Vegas, NV 📍 Map | Excellent | 79⛽—/3mi | 3,102 | $4,739,000 | 4.75% | $1,527.72 | 12.4 yrs | View → |
| 26 | 7-ElevenNorth Charleston, SC 📍 Map | Excellent | 79⛽—/3mi | 1,727 | $3,883,000 | 5.00% | $2,248.41 | 9.0 yrs | View → |
| 27 | 7-ElevenChester Springs, PA 📍 Map | Excellent | 79⛽—/3mi | 1,951 | $3,150,000 | 5.50% | $1,614.56 | 8.7 yrs | View → |
| 28 | 7-ElevenRiverview, FL 📍 Map | Excellent | 78⛽—/3mi | 2,957 | $5,135,000 | 4.75% | $1,736.56 | 13.4 yrs | View → |
| 29 | 7-ElevenPerrysburg, OH 📍 Map | Excellent | 78⛽—/3mi | 2,344 | $3,941,000 | 5.25% | $1,681.31 | 14.4 yrs | View → |
| 30 | 7-ElevenHerndon, VA 📍 Map | Excellent | 77⛽—/3mi | 2,189 | $8,108,000 | 5.50% | $3,703.97 | 8.0 yrs | View → |
| 31 | 7-ElevenCocoa, FL 📍 Map | Excellent | 76⛽—/3mi | 4,500 | $4,039,000 | 5.00% | $897.56 | 5.7 yrs | View → |
| 32 | 7-ElevenPalatine, IL 📍 Map | Excellent | 76⛽—/3mi | 2,680 | $2,200,000 | 5.25% | $820.90 | 13.4 yrs | View → |
| 33 | 7-ElevenPompano Beach, FL 📍 Map | Excellent | 75⛽—/3mi | 2,646 | $3,373,000 | 4.75% | $1,274.75 | 12.4 yrs | View → |
| 34 | 7-ElevenDuncanville, TX 📍 Map | Excellent | 75⛽—/3mi | 2,818 | $2,554,000 | 4.75% | $906.32 | 12.4 yrs | View → |
| 35 | SpeedwaySt. Paul, MN 📍 Map | Excellent | 75⛽19+/3mi | 2,004 | $2,163,000 | 5.50% | $1,079.34 | 4.4 yrs | View → |
| 36 | 7-ElevenRichmond, VA 📍 Map | Excellent | 75⛽—/3mi | 1,637 | $1,562,000 | 5.50% | $954.18 | 8.0 yrs | View → |
| 37 | SpeedwayWoodbury, MN 📍 Map | Excellent | 74⛽19+/3mi | 4,877 | $4,107,000 | 5.50% | $842.12 | 4.4 yrs | View → |
| 38 | 7-ElevenBurnsville, MN 📍 Map | Excellent | 74⛽—/3mi | 3,637 | $2,702,000 | 5.50% | $742.92 | 6.4 yrs | View → |
| 39 | 7-ElevenRichmond, VA 📍 Map | Excellent | 74⛽—/3mi | 2,039 | $1,520,000 | 5.50% | $745.46 | 9.0 yrs | View → |
| 40 | 7-ElevenYork, PA 📍 Map | Excellent | 73⛽—/3mi | 2,361 | $5,696,000 | 5.25% | $2,412.54 | 13.4 yrs | View → |
| 41 | 7-ElevenSan Marcos, TX 📍 Map | Excellent | 73⛽—/3mi | 3,238 | $4,386,000 | 5.00% | $1,354.54 | 7.7 yrs | View → |
| 42 | 7-ElevenWyomissing, PA 📍 Map | Excellent | 72⛽—/3mi | 2,853 | $2,833,000 | 5.50% | $992.99 | 9.0 yrs | View → |
| 43 | 7-ElevenIthaca, NY 📍 Map | Excellent | 72⛽—/3mi | 1,788 | $2,743,000 | 5.50% | $1,534.12 | 6.7 yrs | View → |
| 44 | 7-ElevenMinneapolis, MN 📍 Map | Strong | 71⛽—/3mi | 3,346 | $4,896,000 | 5.50% | $1,463.24 | 9.4 yrs | View → |
| 45 | 7-ElevenSaint Paul, MN 📍 Map | Strong | 71⛽—/3mi | 2,687 | $2,826,000 | 5.50% | $1,051.73 | 9.4 yrs | View → |
| 46 | 7-ElevenNorth Charleston, SC 📍 Map | Strong | 71⛽—/3mi | 2,887 | $2,513,000 | 5.00% | $870.45 | 7.0 yrs | View → |
| 47 | SuperAmericaSauk Rapids, MN 📍 Map | Strong | 70⛽—/3mi | 4,925 | $4,117,000 | 5.25% | $835.94 | 10.7 yrs | View → |
| 48 | 7-ElevenGreensburg, PA 📍 Map | Strong | 70⛽—/3mi | 2,583 | $3,448,000 | 5.50% | $1,334.88 | 8.7 yrs | View → |
| 49 | 7-ElevenGoose Creek, SC 📍 Map | Strong | 70⛽—/3mi | 2,335 | $3,573,000 | 5.00% | $1,530.19 | 8.0 yrs | View → |
| 50 | 7-ElevenMoncks Corner, SC 📍 Map | Strong | 69⛽—/3mi | 2,884 | $5,579,000 | 5.00% | $1,934.47 | 7.7 yrs | View → |
| 51 | 7-ElevenNorth Charleston, SC 📍 Map | Strong | 68⛽19+/3mi | 2,354 | $2,151,000 | 5.00% | $913.76 | 7.0 yrs | View → |
| 52 | 7-ElevenMinneapolis, MN 📍 Map | Strong | 68⛽—/3mi | 1,605 | $1,910,000 | 5.50% | $1,190.03 | 9.4 yrs | View → |
| 53 | 7-ElevenCharleston, SC 📍 Map | Strong | 66⛽—/3mi | 2,461 | $3,471,000 | 5.00% | $1,410.40 | 9.0 yrs | View → |
| 54 | StripesOdessa, TX 📍 Map | Strong | 65⛽—/3mi | 4,731 | $5,497,000 | 5.00% | $1,161.91 | 4.9 yrs | View → |
| 55 | 7-ElevenIrwin, PA 📍 Map | Strong | 65⛽—/3mi | 2,053 | $2,047,000 | 5.50% | $997.08 | 7.0 yrs | View → |
| 56 | 7-ElevenChester, VA 📍 Map | Strong | 65⛽—/3mi | 2,493 | $1,463,000 | 5.50% | $586.84 | 6.7 yrs | View → |
| 57 | 7-ElevenDallas, TX 📍 Map | Strong | 64⛽19+/3mi | 4,356 | $2,566,000 | 5.00% | $589.07 | 5.4 yrs | View → |
| 58 | 7-ElevenLehigh Acres, FL 📍 Map | Strong | 62⛽—/3mi | 2,673 | $6,050,000 | 4.75% | $2,263.37 | 13.4 yrs | View → |
| 59 | 7-ElevenGeorgetown, SC 📍 Map | Strong | 60⛽20+/3mi | 2,890 | $3,579,000 | 5.00% | $1,238.41 | 6.7 yrs | View → |
| 60 | 7-ElevenLock Haven, PA 📍 Map | Strong | 60⛽—/3mi | 1,641 | $2,385,000 | 5.50% | $1,453.38 | 9.0 yrs | View → |
| 61 | StripesAndrews, TX 📍 Map | Strong | 59⛽—/3mi | 4,928 | $5,827,000 | 5.00% | $1,182.43 | 3.4 yrs | View → |
| 62 | 7-ElevenLatrobe, PA 📍 Map | Strong | 58⛽—/3mi | 1,635 | $1,202,000 | 5.50% | $735.17 | 7.0 yrs | View → |
| 63 | 7-ElevenWilliamsport, PA 📍 Map | Strong | 57⛽—/3mi | 2,890 | $3,042,000 | 5.50% | $1,052.60 | 9.0 yrs | View → |
| 64 | 7-ElevenCorpus Christi, TX 📍 Map | Strong | 56⛽—/3mi | 2,426 | $1,478,000 | 5.00% | $609.23 | 7.0 yrs | View → |
| 65 | 7-ElevenNiagara Falls, NY 📍 Map | Average | 55⛽—/3mi | 1,887 | $2,551,000 | 5.50% | $1,351.88 | 6.7 yrs | View → |
| 66 | 7-ElevenMonee, IL 📍 Map | Average | 55⛽—/3mi | 3,642 | $2,322,000 | 5.50% | $637.56 | 5.4 yrs | View → |
| 67 | 7-ElevenClermont, FL 📍 Map | Average | 54⛽—/3mi | 2,960 | $4,480,000 | 4.75% | $1,513.51 | 12.4 yrs | View → |
| 68 | 7-ElevenPrince Frederick, MD 📍 Map | Average | 54⛽—/3mi | 2,504 | $2,595,000 | 5.25% | $1,036.34 | 13.4 yrs | View → |
| 69 | 7-ElevenWatertown, NY 📍 Map | Average | 52⛽—/3mi | 4,015 | $3,383,000 | 5.50% | $842.59 | 8.0 yrs | View → |
| 70 | 7-ElevenPotsdam, NY 📍 Map | Average | 51⛽7/3mi | 2,496 | $3,332,000 | 5.50% | $1,334.94 | 6.7 yrs | View → |
| 71 | 7-ElevenOakhurst, CA 📍 Map | Average | 48⛽—/3mi | 2,121 | $5,035,000 | 5.50% | $2,373.88 | 5.4 yrs | View → |
| 72 | 7-ElevenDillon, SC 📍 Map | Average | 46⛽20+/3mi | 2,885 | $4,016,000 | 5.00% | $1,392.03 | 8.4 yrs | View → |
| 73 | 7-ElevenSouth Prince George, VA 📍 Map | Average | 46⛽—/3mi | 1,648 | $1,028,000 | 5.50% | $623.79 | 7.0 yrs | View → |
| 74 | Super StopDouglas, AZ 📍 Map | Average | 42⛽—/3mi | 2,060 | $2,371,000 | 5.50% | $1,150.97 | 8.5 yrs | View → |
| 75 | 7-ElevenLeakey, TX 📍 Map | Average | 40⛽2/3mi | 4,620 | $6,042,000 | 5.00% | $1,307.79 | 7.7 yrs | View → |
| 76 | 7-ElevenChaumont, NY 📍 Map | Average | 40⛽1/3mi | 4,324 | $3,212,000 | 5.50% | $742.83 | 8.0 yrs | View → |
| 77 | 7-ElevenBelfry, KY 📍 Map | Weak | 38⛽—/3mi | 4,439 | $3,164,000 | 5.25% | $712.77 | 14.4 yrs | View → |
| 78 | 7-ElevenBelfry, KY 📍 Map | Weak | 38⛽—/3mi | 4,439 | $3,131,000 | 5.25% | $705.34 | 14.4 yrs | View → |
| 79 | 7-ElevenWinfield, WV 📍 Map | Weak | 34⛽—/3mi | 2,972 | $6,091,000 | 5.25% | $2,049.46 | 14.4 yrs | View → |
100% bonus depreciation is permanent again — and fuel / convenience assets are built to capture it.
The One Big Beautiful Bill Act permanently restored 100% bonus depreciation for qualifying property placed in service on or after January 19, 2025. A buyer of an individual store can commission a cost-segregation study to reclassify the large majority of the purchase price into 5-, 7-, and 15-year components that now qualify for full first-year expensing.
Gas / convenience real estate is among the most tax-advantaged property types. An asset meeting the IRS “retail motor fuels outlet” test is depreciated over 15 years rather than 39, and the reclassified basis is bonus-eligible — a material lift to first-year after-tax returns for the acquiring entity.
Illustrative only — not tax advice. Assumes ~15% land (non-depreciable), the stated share reclassified to ≤15-yr bonus-eligible property, and a 37% federal rate. Actual results depend on a cost-segregation study, the asset’s qualification as a retail motor fuels outlet, the buyer’s tax position, passive-activity and at-risk rules, and the placed-in-service date. Several states (incl. Michigan) do not conform to federal bonus depreciation. Bonus depreciation may be recaptured on sale. Consult your advisors.
| Layer | Source | What it tells a buyer |
|---|---|---|
| Geocoding & Census geography | U.S. Census Bureau geocoder | Anchors every site to its exact tract for trade-area math. |
| Demographics (1/3/5-mi rings) | Census ACS 5-Year | Rooftops, income, density, education — who lives in the trade area. |
| County growth | Census Population Estimates | Is the surrounding market growing or shrinking? |
| Business establishments & jobs | Census County Business Patterns | Local economic depth and retail vitality. |
| County unemployment | BLS LAUS | Economic health of the labor shed around the site. |
| Rural / urban classification | USDA RUCC codes | Metro vs. rural context for the location. |
| Daytime employment | Census LEHD LODES | Who works nearby — daytime fuel & in-store demand. |
| Traffic counts (AADT) | State DOT ArcGIS feeds | Vehicles per day passing the site = capture potential. |
| Highway proximity | Census TIGER road network | Access to interstate / arterial traffic. |
| Fuel & dollar-store competition | Google Places | Direct competitors that pressure fuel & in-store margin. |
| Competitive isolation | Google Places (rank-by-distance) | Nearest competing gas station, competitor counts at 3 & 5 miles, and nearest grocery/convenience alternative — how captive the trade area is. |
| EV charging density | NREL Alt-Fuels Data Center | Forward fuel-demand-erosion risk, scored as a penalty. |
| Flood risk | FEMA NFHL | Site-level environmental / insurability risk. |
| Walk / Transit / Bike | Walk Score API | Urban form and non-auto accessibility. |
| Lease & deal terms | Owner-provided rent roll | Rent, term, escalations, options, guarantor. |
| Narrative analysis | Anthropic Claude | Synthesizes the data above into a plain-English brief. |
Each site is scored on a 100-point weighted framework built for fuel / convenience retail. Through-traffic and competition matter most, demographics and local economy next, with penalties for forward EV-erosion risk and thin trade areas. The final score is normalized to the factors with available data — where a public data source does not publish a value for a site, that factor is excluded from the denominator rather than counted as a zero. Competitive-isolation metrics (nearest competing gas station, competitor counts at 3 and 5 miles, nearest grocery/convenience alternative) are shown on each property page as buyer context and do not adjust the score.
| Scoring factor | Max pts | Why it matters |
|---|---|---|
| Gas competition (1 mi) | 15 | Fewer nearby competitors = stronger fuel capture. |
| Traffic — AADT at site | 15 | More vehicles/day = more fueling & in-store opportunity. |
| 3-mile population | 12 | Size of the resident trade area. |
| 3-mile avg HH income | 12 | Spending power of the trade area. |
| Highway proximity | 10 | Access to high-volume through-traffic. |
| Daytime jobs (3 mi) | 10 | Weekday demand from the working population. |
| 3-mile population density | 8 | Concentration of demand around the site. |
| County population growth | 7 | Tailwind or headwind from the broader market. |
| County unemployment | 7 | Economic stability of the labor shed. |
| Dollar-store proximity (0.5 mi) | 6 | Convenience-retail competitive pressure. |
| EV-station density | −2 | Penalty for forward fuel-demand-erosion risk. |
| Thin-market penalty | −10 | Applied when the 3-mile trade area is small (<6,000 residents AND <2,500 daytime jobs) — but WAIVED when the site is competitively isolated (3 or fewer competing gas stations within 3 miles), since an isolated station in a small market captures a captive trade area. |
AADT coverage: every site now carries a state-DOT Annual Average Daily Traffic count at or adjacent to the parcel (Michigan, North Carolina and South Carolina via their DOT feeds; Florida via FDOT Florida Traffic Online; Texas via TxDOT TPP AADT Annuals; New York via the NYSDOT Traffic Data Viewer). Two ultra-rural destination sites (Leakey, TX and Chaumont, NY) carry a demand-anchor note because their low resident-road traffic understates traveler/seasonal demand.
Important: this is a location-QUALITY score, not a valuation, cap-rate opinion, or projection.