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7-Eleven | 12+yrs Remain Corp Abs NNN 8048 W Highway 12 2,986 SF Retail Building Valley Springs, CA 95252 $1,545,000 ($517.41/SF) 5.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • 12+ Years Remaining | Scheduled Rental Increases | NNN Leased | Corporate Lease (S&P: A) | Established Brand | Bonus Depreciation
  • Located Along Highway 12 | Centralized Location | Sacramento MSA | Strong Nearby 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 Wallace, 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 NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,986 SF
Year Built
1970
Price
$1,545,000
Price Per SF
$517.41
Cap Rate
5.50%
NOI
$84,996
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.86 AC
Zoning
C-2 - General Commercial
Parking
7 Spaces (5.36 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • 7-Eleven
  • Mining, Quarrying, and Oil and Gas Extraction
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
7-Eleven Mining, Quarrying, and Oil and Gas Extraction 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
048-019-068-000
Land Assessment
$174,976
Improvements Assessment
$426,598
Total Assessment
$601,574
  • Listing ID: 29771708

  • Date on Market: 10/12/2023

  • Last Updated:

  • Address: 8048 W Highway 12, Valley Springs, CA 95252

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