7-Eleven | 12.5+ Yrs Remain Corp NNN 400 S Auburn St

Investment Highlights

12+ Years Remaining | Scheduled Rental Increases | NNN Leased | Corporate Lease (S&P: A) | Established Brand | Bonus Depreciation Direct Residential Consumer Base | Affluent Community | Demographics in 5-Mile Trade Area Located Along Auburn Street | Centralized Location | Strong National & Regional Tenants

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment-grade (S&P: A), freestanding, 7-Eleven investment property located in Colfax, CA (Sacramento MSA). The tenant has over 12 years of firm term remaining with 3 (5-year) option periods to extend. The lease features 7.50% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: A) and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The offering features a freestanding 7-Eleven asset with 8 fueling stations. 7-Eleven is a well-recognized and established brand that franchises and/or licenses more than 78,000 stores worldwide.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Service Station Service Station General Retail Convenience Store General Retail Fast Food General Retail Freestanding Service Station
• Building Size    2,146
• Building Class    B
• Year Built    1968
• Price    5,000,000
• Price Per SF    2,330
• Cap Rate    5.50
• NOI    275,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.09
• Land Acres    0.55 AC

• Freeway Visibility
• Pylon Sign