CBRE has arranged the $15.6 million sale of a newly developed 7-Eleven (Speedway) truck stop and convenience retail property in New Albany, Ohio. The freestanding asset is located at 10030 Innovation Campus Way and was delivered as a new-build property positioned to serve both truck traffic and convenience customers.
CBRE’s Melissa Marshall, Ian Schroeder and David McNevin represented the buyer, described as a private Southern California-based investor, in the acquisition. The seller is an Ohio-based commercial real estate developer that brought the site to market upon completion. The assignment focused on matching a private-capital buyer with a newly developed, single-tenant property offering a long-term net lease.
The property totals 4,816 square feet and is situated on a 7.38-acre parcel at the entrance to the 9,000-acre New Albany International Business Park. The large site area relative to the building footprint reflects its function as a truck stop, providing fueling and circulation capacity alongside the convenience retail use. The location ties directly into one of Central Ohio’s most active commercial growth areas.
The asset is leased to 7-Eleven under a new 15-year triple-net lease, providing the buyer with a long-duration income stream backed by a national convenience retail brand. According to Marshall, gas station investments remain a key target for investors seeking durable income and tax advantages such as bonus depreciation. She noted that this specific property offers immediate tax benefits along with income stability and potential future growth tied to its placement next to Intel’s new campus.
The truck stop and convenience property sits within one of Central Ohio’s fastest-growing commercial corridors and is surrounded by major corporate occupiers and ongoing economic development activity. Its position at the gateway to the New Albany International Business Park links the asset to a broader ecosystem of large-scale corporate investment. The combination of a new construction asset, a long-term triple-net lease with 7-Eleven, and a location adjacent to significant corporate expansion underpinned investor interest in this transaction.
