7-Eleven (Ground Lease) 31558 Boulevard Yucaipa, CA Cap Rate 4% Yucaipa ( California, US ) Built

$4,375,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,010 sq. ft.
  • Development Level: Built
  • Lot Size: 1.03 acres
  • Year Built: 2020

Description

7-Eleven (Ground Lease) 31558 Boulevard Yucaipa, CA Cap Rate 4%

Cap Rate: 4%
NOI: $175,000
Building Size: 3,010 sqft
Lot Area: 1.03 acres
Year Built: 2020
Tenancy: Single

Price: $4,375,000 USD

DESCRIPTION
Single-Tenant 7-Eleven (Convenience Store/Gas Station):
-Currently under construction (contact broker for details)
-Absolute NNN ground lease; zero landlord responsibilities
-New 15-year initial lease term with 10% increases every 5 years, including three 5-year options
-Corporate guaranteed lease with Investment Grade tenant (S&P: AA-)
-7-Eleven has 71,000 locations globally (11,800 USA) and $120 billion in annual sales
Outstanding Freeway Accessibility: The subject property is located near the Interstate 10 on/off ramps, the main east/west arterial connecting Los Angeles and San Bernardino counties (157,000 CPD)
Excellent Visibility and Exposure Along Yucaipa Boulevard, the City’s Primary East/West Thoroughfare (25,000 CPD): Yucaipa Boulevard was recently expanded to 6 lanes in order to handle increasing traffic from Interstate 10 into the city of Yucaipa
Across the Street from the Brand-New Yucaipa Pointe Development, a 135,000 Square Foot Community Shopping Center: Positioned to serve Yucaipa, Redlands, and all East Valley communities, the center will include Chick-fil-A, Chipotle, Ono Hawaiian BBQ, Jack in the Box, Quick Quack Car Wash, and a 60,000 square foot Kaiser Permanente medical office – the largest offices in Yucaipa
Affluent Demographics: Average household income of approximately $120,000 within a 3-mile radius.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.