3621 Yosemite Blvd - Convenience Store FOR SALE
Modesto, CA 95357 |
3621 Yosemite Blvd
Modesto, CA 95357
HIGHLIGHTS
- Tenant takes care of taxes, insurance, and all maintenance so that the landlord can own this property hassle-f ree
- Brand New 15-Year Sale/Leaseback for the Chevron Gas, Car Wash, and 7-Eleven Convenience Store
- Offering includes a long-standing Jack-in-the-Box with Corporate Guarantee and Percentage Rent clause
- Corporate Lease – Jack in the Box lease has the full corporate guarantee with a restaurant count of 2,237 across 21 states and Guam
- Upcoming Rent Increase – In Year 5 of the Jack in the Box lease, the option includes a 10% rental increase with 2,5 year options thereafter
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
7-ELEVEN W/ GAS & JACK IN THE BOX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
5723
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
079-25-11
