7-Eleven | Chino, CA | 15666 Hellman Ave
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7-Eleven | Chino, CA 15666 Hellman Ave
5,596 SF 4-Star Retail Building Chino, CA 91708 $7,400,000 ($1,322/SF) 5% Cap Rate
Investment Highlights
- Investment-Grade Tenant: (S&P: A-Rated Credit Tenant) | Brand-new 15-year corporate lease (14 years remaining)
- Dense California Demographics: 3-mile population exceeding 90,000 people with average household incomes of $175,000
- Exceptional Daytime Employment: More than 904 businesses and 42,000 employees located within 3-miles
- Rapidly Expanding Trade Area: 1-mile trade area saw substantial 113% growth from 2000 through 2010 & expected to grow by an additional 2.12% by 2029
- Large-Format Gas Station: 7-Eleven’s latest prototype features 12 fuel dispensers, a 5,596-square-foot convenience store, and a Laredo Taco
- Build-to-Suit Investment Structure: Allowing the landlord to depreciate the improvements
Executive Summary
15-Year Lease | $175,000 Household Incomes | Bonus Depreciation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,596 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$7,400,000
Price Per SF
$1,322
Cap Rate
5%
NOI
$370,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.15 AC
Zoning
AR - Airport Related
Parking
5.36 Spaces per 1,000 SF Leased
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1055-091-14 | Improvements Assessment | $3,500,000 |
Land Assessment | $1,167,004 | Total Assessment | $4,667,004 |
PROPERTY TAXES
Parcel Number
1055-091-14
Land Assessment
$1,167,004
Improvements Assessment
$3,500,000
Total Assessment
$4,667,004
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7-Eleven | Chino, CA | 15666 Hellman Ave
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