Listing Summary
Lee & Associates is pleased to present a brand new 100% leased, single-tenant 7-Eleven corporate NNN property in Stockton, California.
Full Description
Lee & Associates is pleased to exclusively offer for sale a brand-new, 100% leased single-tenant net lease (STNL) property occupied by 7-Eleven in Stockton, California. This institutional-grade asset features a corporate-guaranteed lease from 7-Eleven, Inc. (S&P Rated: A), providing a secure, passive income stream in one of California’s core growth markets.
Investment Highlights
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Absolute NNN Corporate Lease: Zero landlord responsibilities, ideal for 1031 exchange investors seeking a truly passive "hands-off" investment.
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Investment Grade Credit: Backed by 7-Eleven’s S&P "A" rating, offering superior security compared to unrated retail tenants.
- Long-Term Rental Growth: Features a long-term initial term with scheduled rent increases every 5 years and multiple 5-year renewal options to hedge against inflation.
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New 2025 Construction: Modern, high-image facility designed to the latest 7-Eleven corporate standards.
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Strategic "Hard Corner" Location
The property is situated at the signalized, hard-corner intersection of West Lane and East Alpine Avenue, boasting:
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Exceptional Traffic Counts: Exposure to over 44,000 vehicles per day (CPD) at one of Stockton’s primary retail thoroughfares.
- Densely Populated Trade Area: Over 157,000 residents within a 3-mile radius, ensuring a consistent and robust customer base.
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Strong Daytime Employment: Proximity to St. Joseph’s Medical Center and the University of the Pacific drives significant daytime traffic and "on-the-go" convenience sales.
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Regional Draw: Located near major traffic generators, including the Oak Park Regional Sports Complex and Stockton 99 Speedway.
Market Overview: Stockton, CA
Stockton is the 6th largest city in California and a vital component of the San Jose–San Francisco–Oakland–Stockton CSA (the 5th largest combined statistical area in the U.S.). With an average household income exceeding $94,379 within a 1-mile radius, this location is perfectly positioned to capture long-term demand for convenience and fuel retail.
Quick Glance
- Listing ID:
CL-California-25239
- Status:
Active
- Year Build:
2025
- Building Size:
4,088 SqFt
- Lot Size:
N/A