Investment Opportunity: Brand New, Corporate-Leased 7-Eleven in High-Traffic Stockton Location
Lee & Associates is pleased to present a premier net-leased investment opportunity: a brand new, 100% occupied 7-Eleven property in Stockton, California. This asset features a corporate guarantee from 7-Eleven (S&P Rated A), providing investors with a secure and truly passive NNN lease. Strategically positioned at the signalized, hard-corner intersection of West Lane and East Alpine Avenue, the property benefits from exceptional visibility and traffic counts exceeding 44,000 vehicles per day on one of Stockton's primary arteries. The corporate NNN lease offers a stable income stream with built-in rental increases every five years and three five-year options to extend, ensuring long-term income growth.
This location boasts a robust demographic profile, with over 157,000 residents within a 3-mile radius and a strong daytime population of over 9,000 employees within 1 mile. The hybrid demand from both residential density and nearby employment centers drives consistent customer traffic. The affluent immediate area, with average household incomes exceeding $94,379 within 1 mile, further supports the success of convenience retail. As the 6th largest city in California and part of a major CSA, Stockton provides a strong economic backdrop. Proximity to key traffic generators like St. Joseph’s Medical Center, University of the Pacific, Oak Park Regional Sports Complex, and Stockton 99 Speedway enhances the property's appeal and the tenant's sales volume.