Beta Agency is pleased to offer exclusively for sale the 7-Eleven gas station
and C-store located at 601 Carolyn Weston Blvd. in Stockton, CA (Marketplace
at Weston Ranch). The 15-year lease is guaranteed by 7-Eleven, Inc. (Corporate)
which has an investment grade credit rating of “A”. There are four (4) 5-year
options with 10% rental increases throughout the base term and option periods.
The property was developed in 2022 leaving 13.5 years on the primary term of
the lease. The subject property is located on a 0.88 Acre lot. There are 5 pumps
and 10 fueling positions on theproperty. The property has a total of 14 dedicated
parking spaces.
The subject 7-Eleven is part of a larger retail development with neighboring
retailers including Chipotle, McDonald’s, Starbucks, Quick Quack Car Wash
and a 120 Unit Townhome Community planned for development in the rear.
The subject property benefits from being within immediate proximity to the 5
Freeway on/offramp at Carolyn Weston Blvd. To the West of the 5 Freeway, this
center aside from the Food 4 Less across the street is the only commercial/retail
in the neighborhood (Weston Ranch).