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7-Eleven | 12.5+ Yrs Remain Corp NNN 400 S Auburn St 2,146 SF Retail Building Colfax, CA 95713 $6,979,600 CAD ($3,252.38 CAD/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
Freestanding
Building Size
2,146 SF
Building Class
C
Year Built
1968
Price
$6,979,600 CAD
Price Per SF
$3,252.38 CAD
Cap Rate
5.50%
NOI
$383,878 CAD
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’ on AUBURN

AMENITIES

  • Freeway Visibility
  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

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.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Starbucks
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100-240-024
Land Assessment
$714,152 CAD
Improvements Assessment
$1,663,870 CAD
Total Assessment
$2,378,021 CAD
  • Listing ID: 29785751

  • Date on Market: 2023-07-12

  • Last Updated:

  • Address: 400 S Auburn St, Colfax, CA 95713

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