636 N Vine Ave - Freestanding FOR SALE


Ontario, CA 91762- Downtown Ontario
$2,960,000 USD
925-390-8518
636 N Vine Ave, Ontario, CA for Sale
$2,960,000 USD
Freestanding - FOR SALE
1/8
null | 5% Cap Rate

636 N Vine Ave
Ontario, CA 91762
Downtown Ontario


HIGHLIGHTS

  • Absolute NNN Lease with Zero Landlord Obligations
  • Corporate Guarantee – Backed by 7-Eleven, Inc.
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • Long-Term Operating History – Established in 1967
  • New 10-Year Lease Extension with 10% Increases Every 5 Years
  • Located Near Signalized Intersection with Excellent Visibility

OVERVIEW

The Kase Group is pleased to present the opportunity to acquire a corporate guaranteed 7-Eleven property located in Ontario, California. This well-established location has operated since 1967 and recently secured a new 10-year lease extension, demonstrating the tenant’s long-term commitment to the site. The lease is structured as an absolute NNN lease, offering zero landlord responsibilities and includes 10% rental increases every five years, along with three (3) additional five year renewal options. Strategically positioned near a signalized intersection, the property benefits from strong visibility and consistent traffic exposure. It is surrounded by a mix of national retailers including Smart & Final Extra!, Walgreens, AutoZone, Little Caesars, and O’Reilly Auto Parts, creating a well-rounded retail environment that drives daily consumer activity. The site also benefits from close proximity to De Anza Middle School and Chaffey High School, with a combined enrollment of approximately 4,000 students, further reinforcing steady foot traffic throughout the day. The surrounding 3-mile trade area is home to over 197,119 residents with an average household income of $$95,068.

FOR SALE DETAILS

PRICE

$2,960,000 USD

PRICE/SF

$1,224 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New 10 Year Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

1048-341-01

ASK ABOUT THIS PROPERTY

Jason DenhamThe Kase GroupMore Info
925-390-8518

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

Jason DenhamThe Kase GroupMore Info
925-390-8518

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