7-Eleven

Highlights:

• Brand-New 10 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Two (5-Year) Options to Renew
• 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
• Corporately Guaranteed Lease by 7-Eleven Inc. with an S&P Credit Rating of AA- and Over $87.6 Billion in Revenue in 2023
• Best in Class Tenant – 7-Eleven is the Premier Brand and Leader in the Convenience Store/Gas Station Industry with Over 78,000 Locations in 19 Countries, Making it the World’s Largest Convenience Retailer
• Intrinsic Value Asset – 3,431 Square Feet C-Store & Gas Station Situated on a 0.543-Acre Parcel Containing 13 Parking Spaces & 4 Fuel Pumps, Providing 7-Eleven with the Ability to Effectively Handle High Customer Volume
• High Traffic Location with Excellent Visibility at a Signalized Intersection – More Than 20,000 Vehicles Per Day on Adams Ave, Over 12,000 Vehicles Per Day on N. 8th Street & an Additional 51,219 on Nearby N. Imperial Ave (I-8 BUS)
• Strong Demographics – Over 76,000 People within a 5-Mile Radius with Average Household Income Exceeding $92,000 Annually
• Over 9.8 Million Square Feet of Industrial & Office Space and 6.1 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property
• High Daytime Population of More Than 1,900 Businesses & 21,000 Employees
• Approximately 1.6 Miles from the 161 Bed El Centro Regional Medical Center Hospital with Over $721.2 Million in Total Patient Revenue in 2023 and a Staff of More Than 1,000 Healthcare Professionals

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