Contact

Portola, CA 96122

7-Eleven

Property Address

307 East Sierra Avenue, Portola, CA, USA

Offering Summary

  • Price: $2,655,000
  • Lot Size: 1.31 Acres
  • Cap Rate: 5.65%
  • Year Built: 2000
  • Building SF: 2,994
  • Status: In Escrow
Download Brochure Submit Offer
  • Approx. 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated)
  • 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
  • Easily Accessible Location Along Sierra Avenue / Highway 70, Portola’s Primary Thoroughfare and Retail Corridor
  • Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • Average Household Income Exceeds $88,000 within a 5-Mile Radius

Broker Information

View All Listings