3504 El Cajon Blvd - Freestanding FOR SALE


San Diego, CA 92104- Normal Heights
$3,075,000 USD
619-673-9588
3504 El Cajon Blvd, San Diego, CA for Sale
$3,075,000 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

3504 El Cajon Blvd
San Diego, CA 92104
Normal Heights


HIGHLIGHTS

  • 7-Eleven "Evolution Store" was fully remodeled with a $3M brand investment, showcasing modern design and premium upgrades.
  • 10-year corporate-backed lease with 7-Eleven, including four five-year options and 10% rent bumps every five years ($132K in annual income)
  • Perfect for 1031 exchange buyers
  • Store offers Laredo Taco , craft beer, premium coffee bar, liquor license, and other high end products othe7-eleven locations do not carry
  • Located on a prime San Diego corner with 25K+ daily vehicle exposure and easy access to the 805 and 15 Freeways.
  • Backed by a globally trusted brand, this property offers stable cash flow and strong value in one of the fastest growing urban markets

OVERVIEW

This is a rare opportunity to acquire a fully renovated, absolute NNN-leased 7-Eleven Evolution Store in the heart of San Diego. Backed by a strong corporate guarantee, the 10-year lease includes four 5-year renewal options, and 10% rental increases every five years delivering reliable, growing income with zero landlord responsibilities. The property underwent a $3M+ transformation, including all new roof, HVAC, plumbing, electrical, structural, and interior systems, positioning this as a true turnkey asset. It also includes a Type 21 liquor license and a Laredo Taco Co., driving additional revenue potential and consumer traffic. Strategically located at a high-visibility signalized intersection with over 25,000 vehicles per day, the property benefits from strong daytime density, proximity to I-805 and I-15, and a growing surrounding trade area. This is one of the few new-construction 7-Eleven Evolution Stores available in California with a corporate lease, making it an ideal 1031 exchange or long-term hold for passive investors seeking income stability and appreciation potential. Discover this fully renovated 7-Eleven Evolution Store at 3504 El Cajon Boulevard, offering cutting-edge design and features that set it apart from traditional convenience stores. With a secure long-term lease, strong income potential, and a prime location, this property represents a lucrative investment in a growing market. As part of 7-Eleven’s Evolution Store concept, 3504 El Cajon Boulevard stands out from nearby competition by offering an enhanced convenience experience. This location features a Laredo Taco Co. restaurant with handmade tortillas, a growler station for craft beers, a specialty coffee and drink bar, and other premium amenities like frozen yogurt and a bakery. Strategically positioned on a high-visibility corner along El Cajon Boulevard, 3504 El Cajon Boulevard is ideally positioned in an easily reachable location just minutes from the 805 and 15 freeways. The prominent location delivers phenomenal daily brand exposure to more than 25,000 passing vehicles along both El Cajon Boulevard and 35th Street. Offering a corporate-backed lease with a globally recognized brand, over $3 million in recent renovations, and a prime corner location in San Diego’s Normal Heights neighborhood, 3504 El Cajon Boulevard presents a lucrative, low-maintenance acquisition in a dynamic investment market. Please contact Samuel Cryan or visit the Data Room for the listing to learn more about this incredible opportunity. www.CryanRealEstate.com

FOR SALE DETAILS

PRICE

$3,075,000 USD

PRICE/SF

$876 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Evolution Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C-6

APN/PARCEL ID

447-171-11

ASK ABOUT THIS PROPERTY

Samuel CryanRE/MAX DynastyMore Info
619-673-9588

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Samuel CryanRE/MAX DynastyMore Info
619-673-9588

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