Share This Listing

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

7-Eleven | 12+yrs Remain Corp Abs NNN 8048 W Highway 12 2,986 SF Retail Building Valley Springs, CA 95252 $2,156,696 CAD ($722.27 CAD/SF) 5.50% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 12+ Years Remaining | Scheduled Rental Increases | NNN Leased | Corporate Lease (S&P: A) | Established Brand | Bonus Depreciation
  • Located Along Highway 12 | Centralized Location | Sacramento MSA | Strong Nearby 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 Wallace, 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 NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,986 SF
Year Built
1970
Price
$2,156,696 CAD
Price Per SF
$722.27 CAD
Cap Rate
5.50%
NOI
$118,648 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.86 AC
Zoning
C-2 - General Commercial
Parking
7 Spaces (5.36 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • 7-Eleven
  • Mining, Quarrying, and Oil and Gas Extraction
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
7-Eleven Mining, Quarrying, and Oil and Gas Extraction 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
048-019-068-000
Land Assessment
$245,624 CAD
Improvements Assessment
$598,841 CAD
Total Assessment
$844,465 CAD
  • Listing ID: 29771708

  • Date on Market: 2023-10-12

  • Last Updated:

  • Address: 8048 W Highway 12, Valley Springs, CA 95252

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}