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29081430
32293767

7171 Stockton Blvd, Sacramento, CA 95823

VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California
$6,774,000
69 days on market
Updated 36 days ago
Opportunity zone

7-Eleven | Sacramento, CA

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,072
Cap Rate 5.15%
NOI $348,832
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+1)
Lease Type Net
Lease Expiration 06/29/2036
Remaining Term 11
Rent Bumps Yes
Broker Co-Op Yes
Year Built 2021
Acreage 0.450
Parking Spaces 19 spaces
Parking Per SqFt 6.18
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Rent Commencement 05/31/2021
Ground Lease No
Sale Condition 1031 exchange

Strong Infill Location | 396,000 Residents within 5 Miles

Marketing description

Strategic High-Traffic Location: Positioned at 7171 Stockton Blvd, a heavily trafficked retail corridor with over 33,600 AADT on Florin Rd and over 25,600 AADT on Stockton Blvd.

Net Lease with Minimal Landlord Responsibilities: Tenant covers property taxes, insurance, and maintenance, with the landlord only responsible for foundation and structure, making this a low-maintenance investment.

Strong Long-Term Lease: 11 years remaining on the lease, with three 5-year renewal options and 10% rent increases every five years, ensuring growing cash flow.

Established 7-Eleven Brand: As a leading global convenience retailer, 7-Eleven operates over 83,000 stores worldwide, demonstrating a strong and stable tenant profile.

Thriving Sacramento Market: The city boasts a regional population of over 2.4 million, with continued residential and commercial expansion.

Surrounded by High-Density Retail: Adjacent to a Walmart Supercenter, along with major retailers such as Target, Home Depot, and Ross, positioning the property for consistent consumer activity.

Dense Urban Location With Strong Retail Presence

Prime Location: Situated on Stockton Blvd, Across From a Walmart-anchored Shopping Center, Ensuring Constant Customer Traffic.

High Visibility & Traffic: Located at a Major Intersection With Traffic Counts Exceeding 33,600 Vehicles Per Day on Florin Rd.

Investment highlights

  • Strategic High-Traffic Location: Positioned at 7171 Stockton Blvd, a heavily trafficked retail corridor with over 33,600 AADT on Florin Rd and over 25,600 AADT on Stockton Blvd.
  • Net Lease with Minimal Landlord Responsibilities: Tenant covers property taxes, insurance, and maintenance, with the landlord only responsible for foundation and structure, making this a low-maintenance investment.
  • Strong Long-Term Lease: 11 years remaining on the lease, with three 5-year renewal options and 10% rent increases every five years, ensuring growing cash flow.
  • Established 7-Eleven Brand: As a leading global convenience retailer, 7-Eleven operates over 83,000 stores worldwide, demonstrating a strong and stable tenant profile.
  • Thriving Sacramento Market: The city boasts a regional population of over 2.4 million, with continued residential and commercial expansion.
  • High Visibility & Traffic: Located at a Major Intersection With Traffic Counts Exceeding 33,600 Vehicles Per Day on Florin Rd.
  • Proximity to Downtown: Just 6.5 Miles From Downtown Sacramento, a Major Economic and Business Hub.
  • 20 Population Density: Over 396,000 Residents Within a 5-mile Radius, With Strong Projected Growth.
  • Stable Net Lease With Long-term Tenancy

Listing Contacts

VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$348,832.00
$29,069.33/mo

Valuation Metrics

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DSCR
5.15%
Cap Rate
5.15%
ROI

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Additional Information

Name
Vincent Aicale
License
CA 01728696
Brokerage Phone
4156905522
Title
CO
Name
Ryan Forsyth
License
CA 01716551
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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