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7-Eleven Evolution Store 3504 El Cajon Blvd 3,464 SF Retail Building San Diego, CA 92104 $4,208,107 CAD ($1,214.81 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 7-Eleven "Evolution Store" was fully remodeled with a $3M brand investment, showcasing modern design and premium upgrades.
  • Perfect for 1031 exchange buyers
  • Located on a prime San Diego corner with 25K+ daily vehicle exposure and easy access to the 805 and 15 Freeways.
  • 10-year corporate-backed lease with 7-Eleven, including four five-year options and 10% rent bumps every five years ($132K in annual income)
  • Store offers Laredo Taco , craft beer, premium coffee bar, liquor license, and other high end products othe7-eleven locations do not carry
  • Backed by a globally trusted brand, this property offers stable cash flow and strong value in one of the fastest growing urban markets

EXECUTIVE SUMMARY

This is a rare opportunity to acquire a fully renovated, absolute NNN-leased 7-Eleven Evolution Store in the heart of San Diego. Backed by a strong corporate guarantee, the 10-year lease includes four 5-year renewal options, and 10% rental increases every five years delivering reliable, growing income with zero landlord responsibilities.
The property underwent a $3M+ transformation, including all new roof, HVAC, plumbing, electrical, structural, and interior systems, positioning this as a true turnkey asset. It also includes a Type 21 liquor license and a Laredo Taco Co., driving additional revenue potential and consumer traffic.
Strategically located at a high-visibility signalized intersection with over 25,000 vehicles per day, the property benefits from strong daytime density, proximity to I-805 and I-15, and a growing surrounding trade area. This is one of the few new-construction 7-Eleven Evolution Stores available in California with a corporate lease, making it an ideal 1031 exchange or long-term hold for passive investors seeking income stability and appreciation potential. Discover this fully renovated 7-Eleven Evolution Store at 3504 El Cajon Boulevard, offering cutting-edge design and features that set it apart from traditional convenience stores. With a secure long-term lease, strong income potential, and a prime location, this property represents a lucrative investment in a growing market.

As part of 7-Eleven’s Evolution Store concept, 3504 El Cajon Boulevard stands out from nearby competition by offering an enhanced convenience experience. This location features a Laredo Taco Co. restaurant with handmade tortillas, a growler station for craft beers, a specialty coffee and drink bar, and other premium amenities like frozen yogurt and a bakery.

Strategically positioned on a high-visibility corner along El Cajon Boulevard, 3504 El Cajon Boulevard is ideally positioned in an easily reachable location just minutes from the 805 and 15 freeways. The prominent location delivers phenomenal daily brand exposure to more than 25,000 passing vehicles along both El Cajon Boulevard and 35th Street.

Offering a corporate-backed lease with a globally recognized brand, over $3 million in recent renovations, and a prime corner location in San Diego’s Normal Heights neighborhood, 3504 El Cajon Boulevard presents a lucrative, low-maintenance acquisition in a dynamic investment market.
Please contact Samuel Cryan or visit the Data Room for the listing to learn more about this incredible opportunity.
www.CryanRealEstate.com

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,464 SF
Building Class
C
Year Built/Renovated
1976/2022
Price
$4,208,107 CAD
Price Per SF
$1,214.81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.35 AC
Zoning
CUPD-CU-2-3
Parking
21 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
101’ on El Cajon Blvd

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

U.S. Bank
Bank of America
San Diego County Credit Union
Citi
Starbucks
Vons
Ymca
Roberto's Taco Shop
Wells Fargo Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
447-171-11
Land Assessment
$624,063 CAD
Improvements Assessment
$337,782 CAD
Total Assessment
$961,845 CAD
  • Listing ID: 30841983

  • Date on Market: 2024-02-01

  • Last Updated:

  • Address: 3504 El Cajon Blvd, San Diego, CA 92104

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