Available For Sale - Retail

37,461 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
37,461 SF
Price/SF
Show Pricing $
Listing ID
SA499603
Notes
3.90% CAP

• Freeway Adjacent 7-11 Location

• A Public Company

• Property has been successfully operating since

2008.

• Early Renewal: 7-11 is signing an early renewal

term of 10 years as opposed to exercising their 5

year option showing their strong commitment to

the site.

• Renewal calls for the 7-11’s ability to install

electric car charging stations.

• 10% Rent Increase after Year 5

Lease Term Over 10 Years Remianing

New Lease Term Commencement Date March 1, 2023

Lease Expiration February 28, 2033

Lease Type NNN

Options (3) 5-Year Options at a 12% Increase

Annual Rent Years 1-5 $180,000 *

Annual Rent Years 5-10 $198,000
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Greg Martin, Lee & Associates
BRE# 1001749