301 Los Angeles Ave, Moorpark, CA 93021

Newmark Pacific Capital Markets is pleased to present for sale the ground leased fee interest (land) in a NNN leased, investment grade (S&P: AA-), freestanding Shell guaranteed by 7-Eleven, Inc. (“Property”) located in the affluent Moorpark, California submarket. Located on the signalized hard corner of E. Los Angeles Avenue and Park Lane, the asset provides an investor the opportunity to acquire a seasoned location with ten gas pumps, a convenience store, and car wash on a recently extended 10-year lease with two (2) five (5) year options at FMV. 7-Eleven, Inc. guarantees the lease after acquiring the Shell Service Station from Tesoro who has occupied this location since 1992. The lease features 3% annual increases, providing a great hedge against inflation.

The Property occupies 0.74 acres on the primary corner outparcel to Mission Bell Plaza, a 113,682 sf grocery anchored shopping center. Co-tenancy includes Grocery Outlet, Fitness 19, Tractor Supply, Dollar Tree, Carl’s Jr, El Pollo Loco, AutoZone, and Wells Fargo.

Moorpark is a wealthy Ventura County suburb bordering Los Angeles County. The city has experienced tremendous upper- class growth as evidenced by the high average household incomes of $139,625, $177,707, and $171,949 within a 1, 3, and 5-mile radius respectively. The city of Moorpark is currently amending the General Plan that will allow for additional density along E. Los Angeles Avenue.

Located in the affluent Moorpark, California submarket on the signalized hard corner of E. Los Angeles Avenue and Park Lane.