Encinitas CA - 7-Eleven

Description:

Stable Income Stream
Long-term occupancy – 7-Eleven has operated at this location for 20+ years and has exercised multiple extensions demonstrating its commitment to the site
Investment grade tenant – 7-Eleven (rated A by Standard & Poors) is the world’s largest convenience store chain with more than 85,000 stores in 20 countries and over $71 billion in revenue
Reportedly one of the top-performing 7-Eleven convenience store locations in San Diego County, underscoring its strategic significance and tenant commitment
Recession-resilient investment – 7-Eleven’s essential services model, coupled with long-term tenancy and strong credit, provides a stable, risk-adjusted return profile even during periods of economic uncertainty
The subject property may qualify for a cost segregation analysis under the Modified Accelerated Cost Recovery System (MACRS). This approach allows real estate investors to classify and depreciate portions of the property more quickly, potentially reducing current tax liabilities. Tax professionals should be consulted for eligibility and strategy.

Rarely Available Prime North County Coastal
North County coastal San Diego retail offering with significant barriers to entry
Limited gas station competition in immediate area, filling a critical market need for the surrounding residents in an under-served area and ensuring a steady customer base
The property is located within a fully leased shopping center that benefits from strong foot traffic driven by five complementary, service-oriented tenants: AutoZone, Dirty Dogs Grooming, Banzai Bowls, Crack Taco Shop, and The Gentlemen’s Code Barbershop

Exceptional Demographics & Rare Coastal Corridor
Extremely high income area – Average Household Income is $208,600 within a 1-mile radius and is projected to increase to $236,000 by 2029
Dense surrounding population – over 55,000 residents within a 3-mile radius
Property is situated within the Leucadia Streetscape Project, a revitalization of the North Coast Hwy 101 Corridor, focused on improving/restoring the surrounding infrastructure and landscaping, as well as adding roundabouts, new wider sidewalks, buffered bike lanes and increased parking options