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7-Eleven | Portola, CA

307 E Sierra Ave, Portola, CA 96122

Listing Price: $2,655,000

Cap Rate
5.65%
Tenant Name
7-Eleven
Years Remaining On Lease
11.3
Guarantor
Corporate Guarantee
Rentable SF
2,994
Lease Type
Absolute Net
Rent Per Square Feet
$50.10

Investment Overview

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide.
Portola is a city in and the county seat of Plumas County, California. Portola is the only incorporated city in Plumas County. Portola is located on the Middle Fork of the Feather River in the Sierra Nevada mountain range. As of the 2020 census, over 2,100 people reside in Portola.

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

  • 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

    Senior 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 | Portola, CA

Listing Price: $2,655,000

Cap Rate
5.65%
Tenant Name
7-Eleven
Years Remaining On Lease
11.3
Guarantor
Corporate Guarantee
Rentable SF
2,994
Lease Type
Absolute Net
Rent Per Square Feet
$50.10

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

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide. Portola is a city in and the county seat of Plumas County, California. Portola is the only incorporated city in Plumas County. Portola is located on the Middle Fork of the Feather River in the Sierra Nevada mountain range. As of the 2020 census, over 2,100 people reside in Portola.

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

    Senior 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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