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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

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

Exclusively Listed By

Financing By

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

Exclusively Listed By

Financing By

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