Absolute NNN Leased 7-Eleven | 18372 CA-108
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Absolute NNN Leased 7-Eleven 18372 CA-108
2,852 SF Retail Building Jamestown, CA 95327 $7,216,107 CAD ($2,530 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Long-term investment opportunity with nearly 13 years remaining on the lease term
- High-quality tenant: 7-Eleven, boasting an A-rated credit by Standard and Poor's
- Potential for accelerated depreciation benefits (consult with your CPA for confirmation)
- Zero Landlord Obligations
- Prime corner location on Golden Chain Hwy (State Hwy 108) & Rawhide Rd, offering excellent visibility and access
- Located in an affluent area with an average household income of nearly $100,000 within a 1-mile radius
Executive Summary
This investment opportunity presents a long-term commitment with just
under 13 years left on the lease. Featuring a top-rated tenant, 7-Eleven,
boasting an impressive A-rated credit by Standard and Poor's, this property
offers stability. Situated at a signalized, hard-corner location on Golden Chain
Hwy (State Hwy 108) & Rawhide Rd, it ensures exceptional visibility and
access, drawing in a combined daily traffic of 39,500 vehicles.
This investment serves as a strong hedge against inflation, with rent
increases of 7.50% every 5 years throughout the initial term and options.
Moreover, 7-Eleven's vast global presence with over 70,000 stores in 18
countries adds to the property's appeal.
Notably, the property enjoys proximity to key retail hubs, including Lowe's,
Walmart Supercenter, PetSmart, Ross, Save Mart, Wilco Farm Store, and
Harbor Freight Tools, all within just over 3 miles.
under 13 years left on the lease. Featuring a top-rated tenant, 7-Eleven,
boasting an impressive A-rated credit by Standard and Poor's, this property
offers stability. Situated at a signalized, hard-corner location on Golden Chain
Hwy (State Hwy 108) & Rawhide Rd, it ensures exceptional visibility and
access, drawing in a combined daily traffic of 39,500 vehicles.
This investment serves as a strong hedge against inflation, with rent
increases of 7.50% every 5 years throughout the initial term and options.
Moreover, 7-Eleven's vast global presence with over 70,000 stores in 18
countries adds to the property's appeal.
Notably, the property enjoys proximity to key retail hubs, including Lowe's,
Walmart Supercenter, PetSmart, Ross, Save Mart, Wilco Farm Store, and
Harbor Freight Tools, all within just over 3 miles.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,852 SF
Building Class
C
Year Built
2000
Price
$7,216,107 CAD
Price Per SF
$2,530 CAD
Cap Rate
5.50%
NOI
$396,886 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.89 AC
Parking
11 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
112 ft on California 108
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 003-370-022-000 | Improvements Assessment | $1,604,866 CAD |
| Land Assessment | $5,029,576 CAD | Total Assessment | $6,634,442 CAD |
PROPERTY TAXES
Parcel Number
003-370-022-000
Land Assessment
$5,029,576 CAD
Improvements Assessment
$1,604,866 CAD
Total Assessment
$6,634,442 CAD
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Absolute NNN Leased 7-Eleven | 18372 CA-108
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