Skip to main content

Auto Service - Gas-Conv

7-Eleven w/ Gas Station & Car Wash | San Francisco Bay Area | 15 Year NNN Lease | Hard Corner

1610 Fairgrounds Dr, Vallejo (San Francisco Bay Area), CA 94589

Listing Price: $6,670,000

Cap Rate
4.50%
Tenant Name
7-Eleven
Years Remaining On Lease
14.6
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$1,334.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.00

Investment Overview

Vallejo is a waterfront city in Solano County, California, located in the North Bay subregion of the San Francisco Bay Area. The City is geographically the closest North Bay city to the inner East Bay, so it is sometimes associated with that region. It is the tenth most populous city in the San Francisco Bay Area, and the largest in Solano County. Vallejo is home to the California Maritime Academy, Six Flags Discovery Kingdom theme park, the former Mare Island Naval Shipyard, and the regional office for Region 5 of the United States Forest Service. Home to approximately 7.75 million people, Northern California's nine-county Bay Area contains many cities, towns, airports, and associated regional, state, and national parks, connected by a complex multimodal transportation network. The larger federal classification, the combined statistical area of the region which includes fourteen counties, is the second-largest in California (after the Greater Los Angeles area), the fifth-largest in the United States, and the 41st-largest urban area in the world with 9.67 million people. The Bay Area's population is ethnically diverse: for example, roughly half of the region's residents are Hispanic, Asian, African American, or Pacific Islander, all of whom have a significant presence throughout the region.

Investment Highlights

  • In Close Proximity to Vallejo Auto Mall - North Bay's Premier Resource for New and Used Cars. Home to such World Class Automotive Brands such as Cadillac, Chevrolet, Hyundai, Mazda, Toyota and many more. Located Across from North Vallejo Community Center - Sits besides a Beautiful Park featuring Open, Grassy Fields and a Children's Playground. The Center also features a Banquet Room.
  • 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. This Location features a Gas Station and Attached Car Wash.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access and Excellent Visibility at a Signalized Hard Corner with Combined Daily Traffic Counts Exceeding 31k Vehicles.
  • Strong Tenant - The Company is Ranked #178 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "AA-" and an Annual Revenue of more than $60.95 Billion.
  • Walking Distance from Six Flags Discovery Kingdom Featuring Nearly 2 Million Annual Visitors - 135-Acre Animal Theme Park - includes a Variety of Roller Coasters and other Amusement Rides. Six Flags is the World's Largest Regional Theme Park Company.
  • Minutes from Gateway Plaza - a 428k+ Sq.Ft. Shopping Center featuring more than 80 Stores and Near Numerous National Retailers including Target, The Home Depot, Lowe's, Costco, Best Buy, Marshalls, Ross, Michael's, Kohl's and many more.
  • Near Solano County Fairgrounds - the Site of Numerous Public & Private Events throughout the Year. It Generates approx. $14M+ in spending activity Annually, benefiting the Local Economy and Creating a Ripple Effect of Economic Benefits for California.
  • Densely Populated and Affluent Area: Features an Average Household Income of $95k+ within a 3-Mile Radius and more than 143k People Residing within a 5-Mile Radius.

Exclusively Listed By

Auto Service - Gas-Conv

7-Eleven w/ Gas Station & Car Wash | San Francisco Bay Area | 15 Year NNN Lease | Hard Corner

Listing Price: $6,670,000

Cap Rate
4.50%
Tenant Name
7-Eleven
Years Remaining On Lease
14.6
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$1,334.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.00

Investment Highlights

  • In Close Proximity to Vallejo Auto Mall - North Bay's Premier Resource for New and Used Cars. Home to such World Class Automotive Brands such as Cadillac, Chevrolet, Hyundai, Mazda, Toyota and many more. Located Across from North Vallejo Community Center - Sits besides a Beautiful Park featuring Open, Grassy Fields and a Children's Playground. The Center also features a Banquet Room.
  • 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. This Location features a Gas Station and Attached Car Wash.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access and Excellent Visibility at a Signalized Hard Corner with Combined Daily Traffic Counts Exceeding 31k Vehicles.
  • Strong Tenant - The Company is Ranked #178 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "AA-" and an Annual Revenue of more than $60.95 Billion.
  • Walking Distance from Six Flags Discovery Kingdom Featuring Nearly 2 Million Annual Visitors - 135-Acre Animal Theme Park - includes a Variety of Roller Coasters and other Amusement Rides. Six Flags is the World's Largest Regional Theme Park Company.
  • Minutes from Gateway Plaza - a 428k+ Sq.Ft. Shopping Center featuring more than 80 Stores and Near Numerous National Retailers including Target, The Home Depot, Lowe's, Costco, Best Buy, Marshalls, Ross, Michael's, Kohl's and many more.
  • Near Solano County Fairgrounds - the Site of Numerous Public & Private Events throughout the Year. It Generates approx. $14M+ in spending activity Annually, benefiting the Local Economy and Creating a Ripple Effect of Economic Benefits for California.
  • Densely Populated and Affluent Area: Features an Average Household Income of $95k+ within a 3-Mile Radius and more than 143k People Residing within a 5-Mile Radius.

Investment Overview

Vallejo is a waterfront city in Solano County, California, located in the North Bay subregion of the San Francisco Bay Area. The City is geographically the closest North Bay city to the inner East Bay, so it is sometimes associated with that region. It is the tenth most populous city in the San Francisco Bay Area, and the largest in Solano County. Vallejo is home to the California Maritime Academy, Six Flags Discovery Kingdom theme park, the former Mare Island Naval Shipyard, and the regional office for Region 5 of the United States Forest Service. Home to approximately 7.75 million people, Northern California's nine-county Bay Area contains many cities, towns, airports, and associated regional, state, and national parks, connected by a complex multimodal transportation network. The larger federal classification, the combined statistical area of the region which includes fourteen counties, is the second-largest in California (after the Greater Los Angeles area), the fifth-largest in the United States, and the 41st-largest urban area in the world with 9.67 million people. The Bay Area's population is ethnically diverse: for example, roughly half of the region's residents are Hispanic, Asian, African American, or Pacific Islander, all of whom have a significant presence throughout the region.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower