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7-Eleven Evolution Store 3504 El Cajon Blvd 3,509 SF Retail Building San Diego, CA 92104 $4,290,240 CAD ($1,222.64 CAD/SF)
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
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
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,509 SF
Building Class
C
Year Built/Renovated
1976/2019
Price
$4,290,240 CAD
Price Per SF
$1,222.64 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.35 AC
Zoning
CUPD-CU-2-3
Parking
21 Spaces (5.98 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)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
52,071
257,728
609,478
858,825
2029 Population
51,834
257,227
607,640
855,556
2024-2029 Projected Population Growth
-0.5%
-0.2%
-0.3%
-0.4%
Median Age
36.2
36.4
36.1
37.7
College Degree + Higher
37%
40%
37%
24%
Daytime Employees
11,936
145,496
390,894
587,461
Total Businesses
2,369
21,216
47,002
70,433
Average Household Income
$90,760
$99,513
$99,864
$102,509
Median Household Income
$71,137
$75,412
$74,861
$78,555
Total Consumer Spending
$685.1M
$3.5B
$7.7B
$10.9B
2024 Households
23,871
111,627
240,490
328,940
Average Home Value
$717,521
$728,626
$717,320
$721,032
$ values in USD
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Liz's Cocina & Tamale Factory | Mexican | $ | 3 min walk |
| Church's Chicken | - | - | 2 min walk |
| Mexicali Street Tacos | - | - | 5 min walk |
| Lizs Cocina | - | - | 5 min walk |
| Venice Pizza House | Pizza | $$$ | 6 min walk |
| Pancho Villa Market | Mexican | $ | 8 min walk |
| Canada Steak Burger | Steak | $ | 11 min walk |
| El Paisano Victor's Taqueria | Mexican | $ | 11 min walk |
| Cairo Lounge Cafe | Cafe | $ | 12 min walk |
| Moncai Vegan | - | - | 12 min walk |
RETAIL |
||
|---|---|---|
| 7-Eleven | Convenience Market | In Building |
| U.S. Bank | Bank | 3 min walk |
| The YMCA | Fitness | 5 min walk |
| Wells Fargo Bank | Bank | 7 min walk |
| Sherwin-Williams | Paint/Wallpaper | 6 min walk |
| Farmers Insurance | Insurance | 7 min walk |
| am/pm | Convenience Market | 7 min walk |
| Boost Mobile | Wireless Communications | 9 min walk |
| State Farm | Insurance | 10 min walk |
| Circle K | Convenience Market | 11 min walk |
HOTELS |
|
|---|---|
| SpringHill Suites |
135 rooms
6 min drive
|
| Sheraton Hotel |
260 rooms
7 min drive
|
| Hilton |
352 rooms
7 min drive
|
| Marriott |
353 rooms
7 min drive
|
| Ramada |
126 rooms
7 min drive
|
| Homewood Suites by Hilton |
118 rooms
8 min drive
|
| Four Points by Sheraton |
223 rooms
8 min drive
|
| Best Western |
307 rooms
9 min drive
|
| Studio 6 |
56 rooms
9 min drive
|
| Holiday Inn Express |
148 rooms
9 min drive
|
PROPERTY TAXES
| Parcel Number | 447-171-11 | Improvements Assessment | $348,052 CAD |
| Land Assessment | $643,038 CAD | Total Assessment | $991,090 CAD |
PROPERTY TAXES
Parcel Number
447-171-11
Land Assessment
$643,038 CAD
Improvements Assessment
$348,052 CAD
Total Assessment
$991,090 CAD
SALE ADVISOR
SALE ADVISOR
Samuel Cryan, Commercial Real Estate REALTOR® in California
Helping You Succeed in Commercial Real Estate | Property Management | Business Services
With 20+ years of experience in San Diego’s fast-paced real estate market, I do more than just close deals—I create opportunities, solve problems, and help my clients build long-term success.
Whether you're buying, selling, managing, or investing, I bring a strategic, results-driven approach to help you reach your goals. San Diego-Based, Serving All of California
What I Bring to the Table:
Commercial Real Estate Sales – Expert market knowledge and negotiation skills to help you buy or sell commercial properties with confidence.
Property Management – Maximize ROI, streamline operations, and keep tenants happy while I handle the details.
Franchise Development – Finding the right location and securing the deal to set your franchise up for long-term success.
Investments & Development – Partnering with investors and developers to grow portfolios and bring creative projects to life.
Specialized Services – Need help with renovations, rental rate strategies, or operational improvements? I’ve got you covered.
Why Work With Me?
Market Expertise – Decades of experience in commercial real estate, property management, and business sales.
Results-Driven Approach – Focused on maximizing value, solving challenges, and achieving your goals.
People First – Real estate isn’t just about properties; it’s about relationships, and I prioritize your success.
Clear & Strategic Process – Keeping every step of the transaction organized, efficient, and stress-free.
Let’s connect and make great things happen!
With 20+ years of experience in San Diego’s fast-paced real estate market, I do more than just close deals—I create opportunities, solve problems, and help my clients build long-term success.
Whether you're buying, selling, managing, or investing, I bring a strategic, results-driven approach to help you reach your goals. San Diego-Based, Serving All of California
What I Bring to the Table:
Commercial Real Estate Sales – Expert market knowledge and negotiation skills to help you buy or sell commercial properties with confidence.
Property Management – Maximize ROI, streamline operations, and keep tenants happy while I handle the details.
Franchise Development – Finding the right location and securing the deal to set your franchise up for long-term success.
Investments & Development – Partnering with investors and developers to grow portfolios and bring creative projects to life.
Specialized Services – Need help with renovations, rental rate strategies, or operational improvements? I’ve got you covered.
Why Work With Me?
Market Expertise – Decades of experience in commercial real estate, property management, and business sales.
Results-Driven Approach – Focused on maximizing value, solving challenges, and achieving your goals.
People First – Real estate isn’t just about properties; it’s about relationships, and I prioritize your success.
Clear & Strategic Process – Keeping every step of the transaction organized, efficient, and stress-free.
Let’s connect and make great things happen!
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7-Eleven Evolution Store | 3504 El Cajon Blvd
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