6625 Lankershim Blvd - Convenience Store FOR SALE


North Hollywood, CA 91606
$4,210,000 USD
925-390-8518
6625 Lankershim Blvd, North Hollywood, CA for Sale
$4,210,000 USD
Convenience Store - FOR SALE
1/5
null | 4.75% Cap Rate

6625 Lankershim Blvd
North Hollywood, CA 91606


HIGHLIGHTS

  • Absolute NNN Lease - Zero Landlord Obligations
  • Long Term Operating History
  • High Reported Historic Store Sales
  • Prominent Location with Exceptional Visibility (28,000+ VPD)
  • Nearby Access to 134, 170, 101 and 5 Freeways
  • Dense 3-Mile Demographics - 288,824 Residents

OVERVIEW

This is a rare opportunity to acquire a high-performing 7-Eleven in North Hollywood, California, secured by an Absolute NNN Lease. The lease was recently extended for 12 more years, includes three (3) five-year renewal options, and features 10% rental increases every five years, ensuring long-term stability. The lease is corporately guaranteed by 7-Eleven. Strategically positioned along Lankershim Boulevard, a major north-south arterial road with traffic exposure to over 28,000 vehicles per day, this property benefits from exceptional visibility within a thriving business district. Additionally, it offers convenient access to the 134, 170, 101, and 5 Freeways and is just 2.7 miles from Hollywood Burbank Airport, enhancing its accessibility and appeal. Surrounded by a dense population of 288,824 residents within a three-mile radius, the location provides strong demographics and consistent consumer traffic.

FOR SALE DETAILS

PRICE

$4,210,000 USD

PRICE/SF

$1,754 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,396 SF

ZONING

LAC2

APN/PARCEL ID

2322-018-026

ASK ABOUT THIS PROPERTY

Jason DenhamThe Kase GroupMore Info
925-390-8518

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Jason DenhamThe Kase GroupMore Info
925-390-8518

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.