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7-Eleven | 12.5+ Yrs Remain Corp NNN 400 S Auburn St

2,146 SF Retail Building Colfax, CA 95713 $5,000,000 ($2,330/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

12+ Years Remaining | Scheduled Rental Increases | NNN Leased | Corporate Lease (S&P: A) | Established Brand | Bonus Depreciation
Direct Residential Consumer Base | Affluent Community | Demographics in 5-Mile Trade Area

Located Along Auburn Street | Centralized Location | Strong National & Regional Tenants

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment-grade (S&P: A), freestanding, 7-Eleven investment property located in Colfax, CA (Sacramento MSA). The tenant has over 12 years of firm term remaining with 3 (5-year) option periods to extend. The lease features 7.50% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: A) and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The offering features a freestanding 7-Eleven asset with 8 fueling stations. 7-Eleven is a well-recognized and established brand that franchises and/or licenses more than 78,000 stores worldwide.

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Service Station

Building Size

2,146 SF

Building Class

Year Built

1968

Price

$5,000,000

Price Per SF

$2,330

Cap Rate

5.50%

NOI

$275,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.09

Lot Size

0.55 AC

Zoning

CH - Highway Commercial District

Parking

9 Spaces (4.19 Spaces per 1,000 SF Leased)

Frontage

172 FT on AUBURN

AMENITIES

Freeway Visibility

Pylon Sign

Retailer
99,999 SF
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In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.