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202 N Mount Vernon Ave, Colton, CA, 92324

7-Eleven
$5,732,000

Key Information

Cap Rate
5%
Tot. SF
2,836
Lot Size
0.97 Acres
Year Built
1995
Term Remaining
±9.5 YRS
Type
Retail
NOI
$286,605

Highlights

  • Rare Large Rental Increases: 25.44% increase in 2030 and 10% increases in option periods – providing a large hedge against inflation.
  • High Foot Traffic: Ranks in the top 15% in terms of foot traffic when compared to 7-Elevens nationally and in the state of California. The #1 7-Eleven in the city. (Alpha Maps)
  • Fee Simple: Eligible for bonus depreciation – consult with CPA.
  • Passive and Secure Income Stream: NNN lease with minimal landlord responsibilities.
  • Long Term Lease: ±9.5 years remaining.
  • High Traffic Location Off Interstate-10: 205,000+ vehicles per day, visible and easily accessible from I-10, a coast-to-coast highway running from Jacksonville, FL to Los Angeles, CA.
  • Located on a Hard Signalized Corner
  • Recent 10-Year Extension: showing a strong commitment to the location.
  • Easy Access: multiple points of access located on both streets.
  • Large Lot w/ Multiple Pumps: Sitting on ±0.97 Acres of land with 6 Gas Islands (12 pumps).
  • Proven Location: 7-Eleven has successfully operated at this location for 20+ years.
  • Stable and Recession-Resistant Industry: Provides consistent and reliable income stream.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245