202 N Mount Vernon Ave - Convenience Store FOR SALE
Colton, CA 92324 |
202 N Mount Vernon Ave
Colton, CA 92324
HIGHLIGHTS
- TOP-RATED TENANT: 7-ELEVEN Corporate-guaranteed lease (7-Eleven, Inc.) with investment-grade credit (S&P: A) | Long 26 year C-store operating history.
- ICONIC BRAND: ±84,500 locations worldwide, ±13,000 in the United States and Canada. In addition to their 7-Eleven stores
- DENSE POPULATION – Over 282,000 residents within 5 miles and well over 1 million within a 10-mile radius, with growth expected into the future.
- SOUTHERN CALIFORNIA MARKET – Located about an hour from Los Angeles, benefiting from strong regional demand and economic activity.
- SAN BERNARDINO COUNTY – The largest county in America by land mass (larger than 9 US States), seeing substantial growth and projected to grow
- RARE LARGE RENTAL INCREASE – There is a large rent increase of 25.44% scheduled in 2030. There are also 10% increases in the 2, 5 year renewal options
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
2836
STORIES
1
YEAR BUILT
1995
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0164-172-53
