1050 Laurel Rd - Service Station FOR SALE


Oakley, CA 94561
$2,950,000 USD
949-688-1280
1050 Laurel Rd, Oakley, CA for Sale
$2,950,000 USD
Service Station - FOR SALE
1/4
null | 5.6% Cap Rate

1050 Laurel Rd
Oakley, CA 94561


HIGHLIGHTS

  • Absolute NNN Lease
  • Low Rent
  • Adjacent to a Safeway-Anchored Shopping Center currently Under Constructin=on

OVERVIEW

• Single Tenant 7-Eleven: ° Corporately Guaranteed Lease with 7-Eleven ° Absolute NNN Ground Lease, zero landlord responsibilities ° 15-Year initial lease term with 9+ years remaining ° 10% increases every 5-Years and three, 5-Year Options • About 7-Eleven ° 83,000+ 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)

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

-

APN/PARCEL ID

034-080-031-7

ASK ABOUT THIS PROPERTY

Jonathan SchifferRealSource GroupMore Info
949-688-1280

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Jonathan SchifferRealSource GroupMore Info
949-688-1280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.