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7-Eleven 394 W Ashlan Ave 2,407 SF Retail Building Clovis, CA 93612 $7,231,373 CAD ($3,004.31 CAD/SF) 5% Cap Rate

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Investment Highlights

  • Single-Tenant, Fee-Simple 7-Eleven (Convenience Store/Gas Station)
  • High-Performing Grocer Outparcel
  • Prime Location: Positioned at the hard-corner, signalized intersection of West Ashlan Avenue & Peach Avenue
  • Dominant Global Brand
  • Eligible for 100% Bonus Depreciation (Consult CPA)
  • Strong Demographics: 387,000+ residents within 5 miles

Executive Summary

7-Eleven Pad to WinCo Foods (Top 5% Nationwide – Placer.ai) | Rare Absolute NNN Lease | Eligible for 100% Bonus Depreciation | Investment-Grade Credit | (S&P: A) | #1 Convenience Store Chain in the U.S. | Hard Corner, Signalized Intersection With Traffic Counts Exceeding 75,000 VPD

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,407 SF
Building Class
B
Year Built
1991
Price
$7,231,373 CAD
Price Per SF
$3,004.31 CAD
Cap Rate
5%
NOI
$361,569 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
C2
Parking
6 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
180’ on Peach Ave

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

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.

  • Mining, Quarrying, and Oil and Gas Extraction
  • -
  • -
  • -

Chevron Corporation began in 1879 as Pacific Coast Oil Company following California's first oil discovery. It became part of Standard Oil in 1900 before gaining independence in 1911. The company expanded internationally through discoveries and mergers, including with Gulf Oil and Texaco. Today it operates in upstream exploration and production, downstream refining and marketing, and through its Chevron New Energies division, pursues lower-carbon solutions. The corporation maintains a significant global presence in both traditional hydrocarbons and emerging energy sectors.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Mining, Quarrying, and Oil and Gas Extraction - - -

Nearby Major Retailers

Starbucks
Winco Foods
Derrel's Mini Storage
Rent-A-Center
Smart & Final
Crunch Fitness
Planet Fitness
MOD Pizza

Property Taxes

Property Taxes

Parcel Number
493-070-11
Land Assessment
$1,497,878 CAD
Improvements Assessment
$4,230,008 CAD
Total Assessment
$5,727,886 CAD
  • Listing ID: 38034149

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 394 W Ashlan Ave, Clovis, CA 93612

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