401 GRASS VALLEY HWY Auburn CA 95603-3713

Marcus & Millichap is pleased to present a premier net lease investment opportunity featuring a 7-Eleven convenience store and gas station located in Auburn, California.​ This absolute triple-net (NNN) leased property offers approximately 11 years remaining on the initial lease term with a corporate guaranty from 7-Eleven, Inc.​, an A-rated credit tenant.​ The property features a Sierra Express/7-Eleven convenience store with 4 fueling stations on a 0.23-acre site.​

• ​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

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.

» 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