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7-Eleven | Portola, CA
307 E Sierra Ave, Portola, CA 96122
Listing Price: $2,655,000
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
» Minutes from Portola High School and Eastern Plumas Health Care
» Easily Accessible Location Along Sierra Avenue / Highway 70, Portola’s Primary Thoroughfare and Retail Corridor
» Average Household Income Exceeds $88,000 within a 5-Mile Radius
» Close Proximity to Reno, Nevada and Tahoe National Forest and Surrounded by Numerous Resorts and Outdoor Recreation Areas
7-Eleven | Portola, CA
Investment Highlights
- RANKED THE #1 7-ELEVEN SITE IN THE REGION, TOP 20% IN CA & TOP 29% 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)
- Easily Accessible Location Along Sierra Avenue / Highway 70, Portola's Primary Thoroughfare and Retail Corridor
- Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Vice President/District Manager
Listing Price: $2,655,000
Investment Highlights
- RANKED THE #1 7-ELEVEN SITE IN THE REGION, TOP 20% IN CA & TOP 29% 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)
- Easily Accessible Location Along Sierra Avenue / Highway 70, Portola's Primary Thoroughfare and Retail Corridor
- Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
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 » Minutes from Portola High School and Eastern Plumas Health Care » Easily Accessible Location Along Sierra Avenue / Highway 70, Portola’s Primary Thoroughfare and Retail Corridor » Average Household Income Exceeds $88,000 within a 5-Mile Radius » Close Proximity to Reno, Nevada and Tahoe National Forest and Surrounded by Numerous Resorts and Outdoor Recreation Areas
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Vice President/District Manager
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