7-Eleven & Express Car Wash Portfolio - Stockton, CA
Two-Tenant Offering | Tremendous 100% Bonus Depreciation Opportunity
Marketing description
• Tremendous Bonus Depreciation Opportunity: (contact for more info)
∘ Property Qualifies for 100% Bonus Depreciation on Improvements, allowing an investor to take advantage of Bonus & Accelerated Depreciation on the following:
Full value of the 7-Eleven property (Leasehold Improvements)
Entire value of the improvements of the Car Wash property (Fee-Simple)
Complete value of the Express Car Wash Equipment being offered by Seller
• Recently Renovated Locations: 7-Eleven was improved in 2021 & the Car Wash was renovated in 2022
• Strong Traffic Counts w/ Multiple Points of Ingress & Egress Access: Both properties are positioned on a 37,000+ CPD roadway & signalized intersection
• Extremely Dense Population Demographics with 324,000+ Residents within a 5-mi radius of the property
• Excellent Nearby Retail Synergy within the Market:
∘ Nearby Regional Shopping Mall, Weberstown Mall, the #1 rated mall in Stockton & featuring 80+ stores and restaurants
∘ 5-min drives to Target, Best Buy, Macy’s, & Ross-Anchored Shopping Centers
∘ Surrounded by nationally recognized QSR tenants In-N-Out, Chick-Fil-A, & Rasing Cane’s
• University of the Pacific: 2-min Drive from the Property with Enrollment of 6,700+
• Stockton, CA: Top-10 Largest cities in the State by Population, & Largest City in the surrounding MSA
• Stockton-Lodi MSA: Home to 800,000+ Residents
7-Eleven, Circle K, Casey’s, Murphy USA, QuikTrip, RaceTrac, RaceWay, Sheetz, Wawa, EG America, GPM Investments, ARKO, Maverik, Kum & Go, Royal Farms, Cumberland Farms, Parker’s Kitchen, Yesway, Allsup’s, Kwik Trip, Kwik Star, OnCue, Stewart’s Shops, Pilot Flying J, Love’s, TravelCenters of America, Sunoco, Shell, Exxon, Mobil, BP, Amoco, Chevron, Texaco, Valero, Citgo, Marathon, Phillips 66, Conoco, 76, Gulf, Mister Car Wash, Quick Quack Car Wash, Tommy’s Express Car Wash, Take-5 Car Wash, Whistle Express Car Wash, El Car Wash, Caliber Car Wash, Super Star Car Wash, Mammoth Car Wash
Investment highlights
LINK TO OFFERING MEMORANDUM: https://realsource.com/7eleven-express-car-wash-stockton-ca/
• Two-Tenant Package Offering: 7-Eleven & Express Car Wash
∘ 7-Eleven Leasehold & Fee-Simple Express Car Wash
∘ Investment Grade Credit Tenant & Established Local Operator
∘ Car Wash Equipment included in Sale
• About 7 Eleven
∘ 85,000+ stores globally, with locations in 18 countries
∘ Investment Grade Tenant (S&P A | Moody’s Baa2)
∘ Based in Irving, TX, 7-Eleven is consistently the #1 largest chain in the C-Store Industry & rated #1 C-Store Chain (Convenience Store News)
∘ Publicly traded company Stock (Ticker: SVNDY)
• About Express Car Wash
∘ Super Scrub Car Wash is an established, locally owned operator
∘ Proudly providing Three, Unlimited Wash Packages and Individual Wash Offerings
∘ Unlimited Plans include: Good, Super, & Super Ceramic w/ pricing ranging from $25- 38/month
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
