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STNL Investment Grade 7-Eleven | 21350 W Capitol Dr

21350 W Capitol Dr, Pewaukee, WI 53072
Available Now
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FOR SALERetail / Gas Station
Cap Rate
8.03%
NOI
$116,496
Building Size
3,572SF
APN
BKFT1034999001
Lot Size
2.49AC
Year Built
1997
Listing Contacts
Managing Principal

More property details

Year Renovated
2015
Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
Brand
7- Eleven
No of Buildings
1
No of Stories
1
Units
1
Ownership
Fee Simple

Features & amenities

Location Amenities
Public Transportation
Commuter Rail
Airport

Location

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STNL Investment Grade 7-Eleven | 21350 W Capitol Dr
About the location

This 7-Eleven investment opportunity is backed by a corporate guarantee from 7-Eleven Inc., an investment-grade tenant with an S&P rating of “A.” The lease includes four additional extension options and provides annual 1.5% rental increases, ensuring consistent income growth. The property sits on a sizable 2.5-acre lot and features a convenience store, car wash, and additional storage garage structure. With traffic counts exceeding 31,000 vehicles per day, the site benefits from excellent visibility and accessibility within the Milwaukee MSA. The surrounding demographics are strong, with over 93,000 residents within five miles and an average household income exceeding $124,000. The property is strategically positioned across from Gateway West Commerce Center, a newly developed 5.1-acre project with 23 buildings housing professional and medical offices. Pewaukee, a growing suburb of Milwaukee, has seen an 8% population increase within three miles from 2020 to 2024. Situated along Wisconsin Highway 190, a major east-west corridor connecting to northern Milwaukee, this location combines strong economic fundamentals with long-term stability in Wisconsin’s largest metro area.

STNL Investment Grade 7-Eleven | 21350 W Capitol Dr
3,572 SF · retail · United States · WI