Investment Highlights
7-Eleven Corporate Store (10 Year Lease 4 (5) Year Options) with 10% increases every 5 years
Appraised value of building at $3,650,000
Laredo Taco Shop (7-Eleven owns- no extra income but you have a restaurant on the premises for the future)
Income- $132,000/Year NNN Starting October 1st, 2024
Zero Landlord Responsibilities. Type 21 liquor license
Contact an Accountant about Depreciation (Our Accountant said Yes)
Executive Summary
Triple Net Income Property Opportunity!This fully renovated 7-Eleven Corporate store, formerly a liquor store, boasts a meticulous renovation valued at over $3 million. From plumbing to roofing to the studs, no detail has been spared in this extensive remodel, ensuring a modern and efficient space.With a secure 10-year lease and four additional five-year options, this property offers stable income potential with 10% increases every five years. Generating an impressive income of $132,000/year NNN starting November 1st, 2024, and appraised at $3,650,000, this property presents a compelling investment proposition.Benefitting from a Type 21 liquor license and zero landlord responsibilities, this high-visibility location is strategically situated on a busy corner along El Cajon Blvd, just blocks away from both the 805 and I-15 freeways. With its prime location and turnkey operation, this 7-Eleven Commercial Property represents a lucrative investment opportunity in a thriving market.Don't miss out on this extraordinary investment opportunity! Contact us today to schedule a viewing and take the first step toward enhancing your real estate portfolio.Disclaimer: All information is deemed reliable but not guaranteed and should be independently verified.
