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Auto Service - Gas-Conv

7-Eleven | Auburn, CA

401 Grass Valley Hwy, Auburn, CA 95603

Listing Price: $3,540,000

Cap Rate
5.65%
Tenant Name
7-Eleven
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
978
Lease Type
Absolute Net
Rent Per Square Feet
$204.50

Investment Overview

» Approx. 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate
Guaranty by 7-Eleven, Inc. (A - Rated)

» 7.5% Rental Increases Every 5 Years with Multiple Renewal Options

» Site Includes a Sierra Express/7-Eleven Convenience Store and 4 Fueling Stations

» Signalized Hard Corner Location, Visible to 30,500+ Cars per Day Along Grass Valley
Highway

» Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation

» Located Right Off the I-80 Freeway (71,000+ Cars per Day), Providing a Direct Route to Sacramento to the Southwest and Lake Tahoe to the Northeast

» Average Household Income Exceeds $113,000 within a 5-Mile Radius

» Surrounded by National Tenants: Dutch Bros Coffee, Grocery Outlet, Staples, etc.

» Situated in the Sacramento MSA with 42,754 People Living within 5 Miles

Investment Highlights

  • RANKED THE #2 7-ELEVEN/76 SITE IN THE REGION, TOP 20% IN CA & TOP 14% IN THE COUNTRY PER PLACER.AI
  • Approx. 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated)
  • Located Right Off the I-80 Freeway (71,000+ Cars per Day), Providing a Direct Route to Sacramento to the Southwest and Lake Tahoe to the Northeast

Exclusively Listed By

  • Peter Bauman

    Senior Managing Director Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Managing Director Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00

    Phoenix

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

  • Zack House

    First Vice President Investments

    (602) 687-6650

    Email Zack

    License(s): AZ: SA665750000

    Phoenix

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s) CA: 01238010

    California

Auto Service - Gas-Conv

7-Eleven | Auburn, CA

Listing Price: $3,540,000

Cap Rate
5.65%
Tenant Name
7-Eleven
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
978
Lease Type
Absolute Net
Rent Per Square Feet
$204.50

Investment Highlights

  • RANKED THE #2 7-ELEVEN/76 SITE IN THE REGION, TOP 20% IN CA & TOP 14% IN THE COUNTRY PER PLACER.AI
  • Approx. 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated)
  • Located Right Off the I-80 Freeway (71,000+ Cars per Day), Providing a Direct Route to Sacramento to the Southwest and Lake Tahoe to the Northeast

Investment Overview

» Approx. 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated) » 7.5% Rental Increases Every 5 Years with Multiple Renewal Options » Site Includes a Sierra Express/7-Eleven Convenience Store and 4 Fueling Stations » Signalized Hard Corner Location, Visible to 30,500+ Cars per Day Along Grass Valley Highway » Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation » Located Right Off the I-80 Freeway (71,000+ Cars per Day), Providing a Direct Route to Sacramento to the Southwest and Lake Tahoe to the Northeast » Average Household Income Exceeds $113,000 within a 5-Mile Radius » Surrounded by National Tenants: Dutch Bros Coffee, Grocery Outlet, Staples, etc. » Situated in the Sacramento MSA with 42,754 People Living within 5 Miles

Exclusively Listed By

  • Peter Bauman

    Senior Managing Director Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Managing Director Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00

    Phoenix

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

  • Zack House

    First Vice President Investments

    (602) 687-6650

    Email Zack

    License(s): AZ: SA665750000

    Phoenix

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s): CA: 01238010

    California

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