2487 Lapeer Rd Auburn Hills, MI 48326

This is a 3,137 square foot single tenant net lease 7-Eleven property situated on 0.55 acres. The absolute NNN net lease structure ensures zero landlord responsibilities. 7-Eleven has been operating at this location for over 34 years. The property is located 1.5 miles away from Oakland University, which has over 16,000 students. The location benefits from strong daytime employment, with over 103,000 employees and over $1.9 billion in consumer spending within a 5-mile radius. Situated at the intersection of Lapeer Road and Walton Boulevard, the hard signalized corner sees over 36,500 vehicles per day and offers multiple points of ingress and egress. The demographics are prominent, with a population exceeding 154,000 within a 5-mile radius. Excellent signage and visibility are provided by a monument sign strategically placed at the intersection. The lease includes 10% rental increases each option period and three five-year renewal options. The lease is corporately guaranteed by 7-Eleven, which holds an investment grade rating of S&P AA- and Moody's Baa1.