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Description

This prominently positioned corporate 7-Eleven sits at the signalized intersection of Little Creek Road and Old Ocean View Road, directly across from a Super Walmart–anchored shopping center. The site benefits from strong visibility and consistent traffic, with approximately 25,000 vehicles passing daily. This 24-hour, non-fuel location is offered at $1,815,000 with a 5% cap rate, calculated on the 2026 rental increase. At closing, the seller will provide a credit for the difference between the current rent and the 2026 rent.

Listing Details

  • Cap Rate

    5%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    convenience-store

  • Sale Type

    Investment Sale

  • Date Listed

    5/13/2025

  • Net Operating Income

    $90,750

  • Parking Info

    10 Spaces (3.94 Spaces per 1,000 SF Leased)

  • Building FAR

    0.16

Property Specifics

  • Property Name

    7-Eleven Abs NNN Super Walmart Adj

  • Property Class

    C

  • No of Stories

    1

  • Year Built

    1981

  • Building Size

    2,535 SF

  • Lot Size

    0.36 AC

  • APN

    39891200

  • Zoning

    41

Property Amenities

Location Amenities

Airport
Bus Lines
Commuter Rail
Metro/Subway