Sale Retail
2020 W Stadium Blvd, Ann Arbor, MI 48103
Fortis Net Lease is pleased to present the opportunity to acquire a single-tenant 7-Eleven (Speedway) convenience store located at 2020 W Stadium Boulevard in Ann Arbor, Michigan. The property consists of a 2,334-square-foot retail building situated on 0.79 acres and is secured by an Absolute NNN lease, providing investors with a truly passive ownership structure with no landlord responsibilities. The asset is offered at $5,712,361, representing a 5.25% capitalization rate, and generates an annual Net Operating Income of $299,899. The lease commenced on December 11, 2025, and extends through December 31, 2040, providing long-term income backed by one of the nation's largest convenience store operators.The lease features 1.0% annual rent increases, offering consistent contractual income growth throughout the lease term. Strategically positioned along West Stadium Boulevard, one of Ann Arbor's primary commercial corridors, the property benefits from exceptional visibility, strong traffic counts, and convenient access to surrounding residential neighborhoods, retail centers, and the University of Michigan. Backed by the nationally recognized 7-Eleven (Speedway) brand and the essential nature of convenience retail and fuel operations, this offering presents investors with the opportunity to acquire a premier net lease asset supported by a long-term lease and predictable cash flow. ABSOLUTE NNN LEASE – Provides a truly passive investment with no landlord responsibilities.LONG-TERM LEASE – Lease commenced December 11, 2025, and runs through December 31, 2040.BUILT-IN ANNUAL RENT GROWTH – Contractual 1.0% annual rent increases provide consistent income growth.ATTRACTIVE INVESTMENT RETURN – Offered at $5,712,361 with a 5.25% capitalization rate.STRONG ANNUAL CASH FLOW – Generates $299,899 in annual Net Operating Income.NATIONALLY RECOGNIZED TENANT – Occupied by 7-Eleven (Speedway), one of the largest convenience store operators in North America.MODERN RETAIL ASSET – 2,334 SF convenience store situated on 0.79 acres.PRIME ANN ARBOR LOCATION – Positioned along West Stadium Boulevard with outstanding visibility and access in one of Michigan's strongest retail markets.ESSENTIAL RETAIL INVESTMENT – Convenience stores and fuel stations benefit from recurring consumer demand and daily necessity-based traffic.STABLE LONG-TERM OPPORTUNITY – Opportunity to acquire a high-quality net lease asset backed by a market-leading convenience retailer with contractual rental growth.
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