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3225 Mchenry Ave, Modesto , CA, 95350

7-Eleven
$1,999,000

Key Information

Cap Rate
4.46%
Tot. SF
3,000
Lot Size
0.32 Acres
Year Built
2013
Term Remaining
±2.83 years
Type
Retail
NOI
$89,100

Highlights

  • High Foot Traffic: Ranks in the 80th percentile nationally and 77th percentile in the state (Alpha Maps), driving strong customer volume for this convenience store location.
  • Proven Location: 7-Eleven has successfully operated at this site for 12+ years, confirming long-term market viability and tenant commitment.
  • Hedge Against Inflation: 10% rental increases every 5 years provide built-in cash flow growth and protection against rising costs.
  • Hard Signalized Corner: Prime accessibility and customer flow from surrounding residential neighborhoods and commercial areas at a signalized intersection.
  • High Traffic Volume & Visibility: McHenry Avenue is one of Modesto’s busiest thoroughfares with approximately 37,000+ average daily traffic counts, delivering excellent exposure for a 7-Eleven convenience store.
  • Competitive Pricing & Accessibility: Modest acquisition price compared to many single-tenant net lease 7-Eleven investments, paired with multiple points of access on both streets for superior convenience.
  • Cheap Rent: Current rent is below average compared to 7-Eleven’s national portfolio, enhancing tenant profitability and long-term lease security at this location.
  • Easy Access: Multiple points of ingress/egress on both streets support seamless customer entry and exit.
  • Open 24/7: Configured for continuous around-the-clock operations, ideal for a convenience retailer requiring uninterrupted access and flexibility.
  • Stable & Recession-Resistant Industry: Convenience retail delivers consistent, reliable income streams even through economic cycles.
  • Main Retail Corridor: Anchored in a powerhouse retail node with nearby national and regional tenants including Target, Walmart Supercenter, Barnes & Noble, Dutch Bros, Wells Fargo, Bank of America, Marshalls, Sherwin-Williams, Verizon, PNC Bank, Cit Bank, Carl’s Jr., Hobby Lobby, Chase Bank, Dollar Tree, Burlington, Safeway, Habit Burger & Grill, Starbucks, CVS, Orangetheory Fitness, McHenry Village Shopping Center, Guitar Center, Ross, AutoZone, and more—ensuring constant traffic and cross-shopping synergy.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245