2400 Pleasantville Rd, Fallston, MD 21047-2029

This exceptional investment opportunity presents a 7-Eleven convenience store and gas station located at 2400 Pleasantville Rd, Fallston, MD 21047, in Harford County. The property boasts a brand-new 15-year corporate ground lease with 7-Eleven, Inc., featuring a 5.00% cap rate and a Net Operating Income (NOI) of $117,000. The lease includes 10% rent bumps every five years and three, five-year renewal options, ensuring consistent income growth. Situated on a substantial 1.13-acre (49,223 sq ft) lot, this location has a proven track record, operating for over 45 years. Remarkably, this 7-Eleven ranks in the top 13% of all 7-Eleven locations nationwide in terms of customer visits, according to Placer.ai. The property benefits from an extremely affluent surrounding area, with average household incomes exceeding $181,788 within a three-mile radius. This absolute NNN ground lease offers a secure, passive income stream with significant upside potential, making it an ideal addition to any investment portfolio. The asking price is $2,340,000.