7-Eleven, El Centro, California

815 Adams Avenue no-imageVIEW MAP

Property Information

Price: $928,164
Cap Rate: 5.0%
NOI: $46,408
Lease Term: 10 Years
Lease Type: Absolute NNN Lease
Building Size: Approximately 3,431 Square Feet
Year Built: 1994
Status: Available
Lead Broker Information:

Dylan O’Hara

dylan@realcapitalinvestments.com

918-208-1565
Marketing Package

Property Description

Investment Highlights

  • Brand-New 10 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Two (5-Year) Options to Renew
  • 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
  • Corporately Guaranteed Lease by 7-Eleven Inc. with an S&P Credit Rating of AA- and Over $87.6 Billion in Revenue in 2023
  • Best in Class Tenant – 7-Eleven is the Premier Brand and Leader in the Convenience Store/Gas Station Industry with Over 78,000 Locations in 19 Countries, Making it the World’s Largest Convenience Retailer
  • Intrinsic Value Asset – 3,431 Square Feet C-Store & Gas Station Situated on a 0.543-Acre Parcel Containing 13 Parking Spaces & 4 Fuel Pumps, Providing 7-Eleven with the Ability to Effectively Handle High Customer Volume
  • High Traffic Location with Excellent Visibility at a Signalized Intersection – More Than 20,000 Vehicles Per Day on Adams Ave, Over 12,000 Vehicles Per Day on N. 8th Street & an Additional 51,219 on Nearby N. Imperial Ave (I-8 BUS)
  • Strong Demographics – Over 76,000 People within a 5-Mile Radius with Average Household Income Exceeding $92,000 Annually
  • Over 9.8 Million Square Feet of Industrial & Office Space and 6.1 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property
  • High Daytime Population of More Than 1,900 Businesses & 21,000 Employees
  • Approximately 1.6 Miles from the 161 Bed El Centro Regional Medical Center Hospital with Over $721.2 Million in Total Patient Revenue in 2023 and a Staff of More Than 1,000 Healthcare Professionals