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29945413
29945414

39925 Mission Blvd, Fremont, CA 94539

NH
CA CA 02118006
Matthews
Listed by Matthews
$7,200,000
100 days on market
Updated 24 days ago

7-ELEVEN | ABSOLUTE NNN | FEE SIMPLE

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,500
Cap Rate 5.00%
NOI $360,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+7)
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2005
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.640
Investment Type Net Lease

Top 8% Nationally (92nd Percentile) In Foot Traffic

Investment highlights

  • Foot Traffic Leader: This site ranks in the top 8% nationally, top 4% in California, and #1 among all 7-Elevens in Fremont for foot traffic.

  • True Passive, Hands-Off Investment: Absolute Triple-Net (NNN) Lease with zero landlord responsibilities.

  • Long-Term Stability with Built-In Growth: 15-year lease term starting at close of escrow, plus 10% rental increases every 5 years—a powerful hedge against inflation that locks in escalating cash flow.

  • Prime Hard-Corner Location with High Visibility & Access: Situated on a signalized hard corner along Mission Blvd, a major street carrying 38,000+ vehicles per day. Multiple access points from both streets ensure seamless ingress/egress for high-volume commuter, local, and delivery traffic—ideal for fueling up and quick convenience stops.

  • Heavy Recent Capital Investment: The owner has poured approximately $1.5 million into modern renovations and upgrades.

  • Proven, Seasoned Operator: Backed by an experienced owner/operator/developer with over 30 years of success running gas stations and convenience stores across Northern California.

  • Recession-Resistant & Essential Industry: Convenience retail and fuel remain staples through economic cycles – providing stable, reliable income even in downturns.

  • Tax-Advantaged Ownership: Fee-simple title qualifies for bonus depreciation (consult your CPA)—enhancing after-tax returns on this high-cash-flow asset.

  • Iconic Global Tenant: 7-Eleven, the world’s leading convenience retailer with over 85,000 locations worldwide (and more than 13,000 in the U.S. and Canada).

  • Affluent Trade Area: Average household income within 1 mile exceeds $191,000, paired with a median home value of approximately $1.48 million – creating a wealthy, high-spending customer base that supports premium convenience purchases.

Listing Contacts

NH
CA CA 02118006
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$360,000.00
$30,000.00/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
David Harrington
License
02168060, 01320460 (CA)
Brokerage
Matthews Real Estate Investment Services, LLC
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
Name
Nick Hahn
License
CA 02118006
Brokerage Phone
9496622267
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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