The brand name 7-Eleven is now part of an international chain of convenience stores, operating under Seven-Eleven Japan Co., Ltd., primarily operating as a franchise. It is the largest chain store operator with more than 45,900 locations operating around the world, surpassing the previous record-holder McDonald’s Corporation in 2007. Its stores are located in eighteen countries, with its largest markets being Japan, the United States, Canada, the Philippines, Hong Kong, Taiwan, Malaysia and Thailand. 7-Eleven, Inc. as a former U.S.-originating company, is a subsidiary of Seven-Eleven Japan Co., Ltd, which in turn is owned by Seven & I Holdings Co. of Japan. The US chain has its headquarters in downtown Dallas, Texas.
7-Eleven focuses on meeting the needs of convenience-oriented customers by providing a broad selection of fresh, high-quality products and services at everyday fair prices, speedy transactions and a clean and friendly shopping environment. Each store’s selection of about 2,500 different products and services is tailored to meet the needs and preferences of local customers. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners for great visibility and easy access. 7-Eleven was No. 2 on Forbes magazine's "Top Franchise for the Money" for 2012, No. 1 in Store Growth by Convenience Store News for 2012, and No. 3 on Forbes magazine's "Top 20 Franchises to Start" for 2011. - Area description: 7-Eleven is strategically located along Princess Ann Road (21,669 Cars / Day) and Azalea Garden Road (17,120 Cars / Day), directly north of Norfolk Industrial Park. Norfolk Industrial Park is one of the region’s largest business parks with approximately 350 acres fully developed with more than 300 businesses. Major tenants include Titan America, Military Distributors of Virginia, GE Water and Process Technologies, Vanguard Industries, and Pepsi Bottling Group. Virginia Beach Boulevard, now a major six-lane artery serving the park, has recently been widened near the Military Highway (Route 13) interchange. Other national credit tenants in the immediate trade area include Walmart, JCPenny, Macy’s, Target, Starbucks, Home Depot, Lowe’s, Walgreens, Petsmart, PETCO, Sports Authority, Pizza Hut, Rite Aid, and Rally’s. - Number of buildings: 1 - Tenancy: Single Tenant
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