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800 S Wells Ave
Reno, NV 89502
7-Eleven · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Corporate Guaranteed NNN Lease
- 7-Eleven Has Occupied This Site Since it's Construction in 1975
- Corner Lot Fronting Wells Ave (14,000 Cars Per Day)
- Over 250,000 Residents (5-Mile Radius)
- 10% Rent Increases Each Option Period
RÉSUMÉ DE L'ANNONCE
The Subject Property, 800 S Wells Avenue, is a 2,400 square-foot freestanding commercial building situated on 0.16 acres in the Wells Avenue District of Reno, Nevada. The location benefits from strong visibility and steady consumer traffic just southeast of Reno’s downtown core.
Built in 1975, the property is 100% leased to 7-Eleven, the world’s largest convenience store chain with 85,000+ locations and an A- S&P credit rating. The tenant operates under a Triple Net (NNN) lease structure, responsible for all maintenance, roof, plumbing, taxes, and operating expenses—making this a passive investment with minimal landlord obligations.
7-Eleven has occupied this site for decades, with the current lease running through January 31, 2030, and two 5-year renewal options remaining. The annual net operating income is $66,000, supported by scheduled 10% rent increases every five years.
Reno continues to experience strong population and economic growth driven by a business-friendly environment and major employers such as Tesla, Apple, Switch, and Amazon. This has helped strengthen consumer demand and long-term retail stability throughout the region.
Offered at $1,200,000, or $500 per square foot, the property provides investors with a stable, credit-backed NNN asset in a growing Reno submarket, supported by long-term tenancy and essential retail demand.
Built in 1975, the property is 100% leased to 7-Eleven, the world’s largest convenience store chain with 85,000+ locations and an A- S&P credit rating. The tenant operates under a Triple Net (NNN) lease structure, responsible for all maintenance, roof, plumbing, taxes, and operating expenses—making this a passive investment with minimal landlord obligations.
7-Eleven has occupied this site for decades, with the current lease running through January 31, 2030, and two 5-year renewal options remaining. The annual net operating income is $66,000, supported by scheduled 10% rent increases every five years.
Reno continues to experience strong population and economic growth driven by a business-friendly environment and major employers such as Tesla, Apple, Switch, and Amazon. This has helped strengthen consumer demand and long-term retail stability throughout the region.
Offered at $1,200,000, or $500 per square foot, the property provides investors with a stable, credit-backed NNN asset in a growing Reno submarket, supported by long-term tenancy and essential retail demand.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Dépanneur
Taille du bâtiment
2 400 pi²
Classe d’immeuble
B
Année de construction
1975
Prix
1 661 892 $ CAD
Prix par pi²
692,45 $ CAD
Taux de capitalisation
5,50%
Revenu net d’exploitation
91 404 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,35
Taille du lot
0,16 AC
Zonage
GC
Stationnement
6 places (2,66 places par 1 000 pi² loué)
Façade
58’ sur S Wells Ave
COMMODITÉS
- Ligne d'autobus
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéro de lot | 013-116-11 | Évaluation des bâtiments | 52 862 $ CAD |
| Évaluation du terrain | 70 314 $ CAD | Évaluation totale | 123 176 $ CAD |
Impôts fonciers
Numéro de lot
013-116-11
Évaluation du terrain
70 314 $ CAD
Évaluation des bâtiments
52 862 $ CAD
Évaluation totale
123 176 $ CAD
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