The Net Lease Case for 7-Eleven Stores

“Even in a recession, people are still going to buy tobacco, energy drinks, fuel, beer, wine, snacks and all of that stuff.”

By John McCurry | March 11, 2020 at 09:11 AM

CLEARWATER, FL—Net lease investors continue to favor 7-Eleven stores as investments. Aron Cline, senior vice president and senior director of net lease for Matthews Real Estate Investment Services, says there are several reasons for the convenience store chain’s popularity.

“Their credit rating is attractive,” Cline says. “Their S&P credit rating is Double A-, which is about as strong as you can get. It’s a convenience store and gas, which is ecommerce-proof and recession proof. Even in a recession, people are still going to buy tobacco, energy drinks, fuel, beer, wine, snacks and all of that stuff. In today’s world, retail has been shaken up and is evolving. Everyone is looking for stuff that is e-commerce proof.”

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