San Luis Obispo CA - 7-Eleven

Description:

Ecommerce Resistant Tenant Lineup | NNN Lease.
15 Year lease, demonstrating 7-Eleven’s commitment to the site.
Ideal, low-management investment for a passive investor.
7-Eleven master leases the entire property on an absolute net lease providing an investor with passive ownership and an investment grade tenant (S&P: A-).

Signalized, Hard Corner Intersection | Nearby Medical Facilities | California Polytechnic State University (23,000+ Students).
The asset is strategically located at the signalized, hard corner intersection of Marsh Street and Broad Street, which serves more than 25,000 vehicles per day.
The site also benefits from nearby access to Highway 101 (67,500 VPD)
and Highway 1 (40,600 VPD), making this an ideal, centralized location with easy commutes.
Nearby national/credit tenants include Smart & Final, Ace Hardware, Harbor Freight, CVS, Barnes & Noble, Panda Express, Wells Fargo, and more
Strong tenant synergy increases crossover tenant exposure to the site.
The subject property is located less than 2 miles from California Polytechnic State University (Division I), a Division 1 institution that supports a population of approximately 23,000 students and over 5,800 faculty and staff.
Close proximity to multiple major healthcare facilities, including French Hospital Medical Center (98 beds), Adventist Health Sierra Vista (162 beds), and the Crestwood Psychiatric Health Facility – PHF Inpatient (16 beds).

Rare Downtown San Luis Obispo Opportunity |
Strong Demographics in 5-Mile Trade Area | Affluent Incomes.
The 5-mile subject trade area is supported by more than 64,000 residents and 52,000 employees.
Affluent average household incomes of more than $122,000.

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Listing ID: a28TP000003JXJVYA4