Listed by SRS Real Estate Partners Newport Beach
$1,730,000
Speedway (7-Eleven) | 4.5 Yrs NNN | 6.65% CAP
Details
APN C098 01 066
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,784
Units 1
Cap Rate 6.65%
NOI $115,070
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, 76 Gas
Lease Type Absolute NNN
Lease Expiration 05/30/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 2 (5-Year)
Broker Co-Op Yes
Year Built 2005
Buildings 1
Stories 1
Acreage 1.000
Zoning Commercial
Parking Spaces 10 spaces
Parking Per SqFt 3.59
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ownership Fee Simple (Land & Building Ownership)
7-Eleven owns Speedway
Investment highlights
Speedway Acquisition | Corporate Strength | Expanded National Footprint | 4+ Years Remaining & Multiple Options
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Proximity to Schools | Tourism & Recreation | Essential Retail Corridor
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,070.00
$9,589.17/mo
Valuation Metrics
0
DSCR
6.65%
Cap Rate
6.65%
ROI
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