7 Eleven - Freestanding FOR SALE


Tustin, CA 92780
$8,965,000 USD
949-903-3399
7 Eleven, Tustin, CA for Sale
$8,965,000 USD
Freestanding - FOR SALE
1/5
null | 4.35% Cap Rate

7 Eleven
Tustin, CA 92780


HIGHLIGHTS

  • Brand New 15 Yr. Absolute NNN Ground Lease by 7 Eleven Inc. - Best in Class Gas/C-Store Brand
  • Rare Trophy Orange County NNN Asset - Hyper Dense Trade Area right off 55 Freeway (307K CPD)
  • Largest Convenience Store Chain in U.S. - #1 Fastest Growing Global Franchise in 2023 (Franchise 500)
  • Affluent City of Orange County ($120,430 HHI) - One of the Safest Counties in U.S. - Dense Residential
  • Relocation Site - Brand New 2024 Prototype - Zero LL Duties/Depreciable Deal - Gas with C-Store
  • Iconic American Brand - Generational Net Lease Asset - Large 1.14 Acre Parcel - Irreplaceable Location!

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a new construction corporate 7-Eleven (C-store & Service Station) in Tustin, CA. 7-Eleven is the largest operator, franchisor and licensor of convenience stores worldwide, operates over 13,000 stores in the U.S. and Canada (78,000 globally), and has an investment grade credit rating of “A” from S&P (Moody’s: “Baa2”). With a brand new 15-year primary term, four 5-year option periods, 7.5% rent increases every 5 years, corporate guarantee and zero landlord responsibilities this asset is ideal for an investor seeking years of inflation resistant passive income. The new construction 4,212 SF building on large 1.14-acre parcel is located on the hard corner signalized intersection of McFadden Avenue and Tustin Village Way, which have a combined traffic count exceeding 32,000 VPD, and is adjacent to Costa Mesa Freeway which sees over 307,000 VPD. The subject property is strategically positioned between dense multi-family neighborhoods and one of Orange County’s busiest industrial zones producing a strong demographic of daytime employment and residents. Nearby retailers include The Home Depot, Stater Bros. Markets, 99 Cents Only Stores, McDonald’s, Starbucks, Taco Bell, Jack in the Box, Carl’s Jr. and more. This is an excellent opportunity to acquire a net leased 7-Eleven in the Los Angeles Metro Area (population exceeding 12.5 million) with a new long-term lease, 20 years in option periods, rent increases, corporate guarantee, and no landlord responsibilities, providing years of worry-free cash flows.

FOR SALE DETAILS

PRICE

$8,965,000 USD

PRICE/SF

$2,128 USD /SF

CAP RATE

4.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New 15 Yr. NNN Lease- Relo Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C1

APN/PARCEL ID

402-301-05,402-301-06,402-301-07

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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