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New 10 Year Absolute NNN Leased 7-Eleven 636 N Vine Ave 2,418 SF Retail Building Ontario, CA 91762 $3,899,841 CAD ($1,612.84 CAD/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Zero Landlord Obligations
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • New 10-Year Lease Extension with 10% Increases Every 5 Years
  • Corporate Guarantee – Backed by 7-Eleven, Inc.
  • Long-Term Operating History – Established in 1967

EXECUTIVE SUMMARY

The Kase Group is pleased to present the opportunity to acquire a corporate guaranteed 7-Eleven property located in Ontario, California. This well-established location has operated since 1967 and recently secured a new 10-year lease extension, demonstrating the tenant’s long-term commitment to the site. The lease is structured as an absolute NNN lease, offering zero landlord responsibilities and includes 10% rental increases every five years, along with three (3) additional five year renewal options.
Strategically positioned near a signalized intersection, the property benefits from strong visibility and consistent traffic exposure. It is surrounded by a mix of national retailers including Smart & Final Extra!, Walgreens, AutoZone, Little Caesars, and O’Reilly Auto Parts, creating a well-rounded retail environment that drives daily consumer activity. The site also benefits from close proximity to De Anza Middle School and Chaffey High School, with a combined enrollment of approximately 4,000 students, further reinforcing steady foot traffic throughout the day. The surrounding 3-mile trade area is home to over 197,119 residents with an average household income of $$95,068.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,418 SF
Building Class
C
Year Built
1967
Price
$3,899,841 CAD
Price Per SF
$1,612.84 CAD
Cap Rate
5.25%
NOI
$204,742 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.29 AC
Opportunity Zone
Yes
Parking
12 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
71’ on N Vine Ave
Walk Score®
Very Walkable (74)
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

Starbucks
U.S. Bank
The Habit Burger Grill
Stater Bros.
Bank of America
Superior Grocers
Blink Fitness
King Taco Restaurant Inc
Chase Bank
Cardenas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1048-341-01
Land Assessment
$61,624 CAD
Improvements Assessment
$188,435 CAD
Total Assessment
$250,059 CAD
  • Listing ID: 37175086

  • Date on Market: 2025-08-07

  • Last Updated:

  • Address: 636 N Vine Ave, Ontario, CA 91762

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