7-Eleven | Abs. NNN Corporate Guaranty (A - Rated)
Qualifies for Bonus/Accelerated Depreciation | 6.29% CAP | 978 SqFt
Marketing description
7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide.
Auburn is a city in and the county seat of Placer County, California, part of the Sacramento metropolitan area. Placer County is one of the fastest-growing areas in the state, contributing to robust long-term local housing demand.
Investment highlights
» Approx. 11 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated)
» 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
» Site Includes a Sierra Express/7-Eleven Convenience Store and 4 Fueling Stations
» Signalized Hard Corner Location, Visible to 30,500+ Cars per Day Along Grass Valley Highway
» Property Qualifies for Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
» Located Right Off the I-80 Freeway (71,000+ Cars per Day), Providing a Direct Route to Sacramento to the Southwest and Lake Tahoe to the Northeast
» Average Household Income Exceeds $113,000 within a 5-Mile Radius
» Surrounded by National Tenants: Dutch Bros Coffee, Grocery Outlet, Staples, etc.
» Situated in the Sacramento MSA with 42,754 People Living within 5 Miles
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