Grocery Store
7-Eleven
711 N Azusa Ave, West Covina, CA 91791
Listing Price: $3,100,000
Cap Rate
5.00%
Tenant Name
7-Eleven
Years Remaining On Lease
12.4
Gross SF
2,500
Guarantor
Corporate Guarantee
Rentable SF
2,500
Price/Gross SF
$1,240.00
Lease Type
Double Net
Rent Per Square Feet
$5.17
Investment Overview
-Located Less than One Mile from the Azusa Ave/I-10 Freeway -Within 3 Blocks of 2 Area High Schools -Situated on a Major Thoroughfare in West Covina
7-Eleven
Investment Highlights
- 2020 Construction
- 13 Years Remaining on Lease
- 10% Increases Every 5 Years
- Double Net Lease - Tenant reimburses for all taxes, insurance, maintenance, and capital improvements (amortized over their useful life)
- Premier Credit Tenant (S&P: A Rating)
- Prime Location in San Gabriel Valley; Dense Infill Trade Area
- Exceptional Demographics: 197,367 People and a Avg. HHI of 97,365 within a 3-Mile Radius
- Located on Azusa Avenue, a Prime Thoroughfare through West Covina; 36,000+ VPD
Listing Price: $3,100,000
Cap Rate
5.00%
Tenant Name
7-Eleven
Years Remaining On Lease
12.4
Gross SF
2,500
Guarantor
Corporate Guarantee
Rentable SF
2,500
Price/Gross SF
$1,240.00
Lease Type
Double Net
Rent Per Square Feet
$5.17
Investment Highlights
- 2020 Construction
- 13 Years Remaining on Lease
- 10% Increases Every 5 Years
- Double Net Lease - Tenant reimburses for all taxes, insurance, maintenance, and capital improvements (amortized over their useful life)
- Premier Credit Tenant (S&P: A Rating)
- Prime Location in San Gabriel Valley; Dense Infill Trade Area
- Exceptional Demographics: 197,367 People and a Avg. HHI of 97,365 within a 3-Mile Radius
- Located on Azusa Avenue, a Prime Thoroughfare through West Covina; 36,000+ VPD
Investment Overview
-Located Less than One Mile from the Azusa Ave/I-10 Freeway -Within 3 Blocks of 2 Area High Schools -Situated on a Major Thoroughfare in West Covina
