7-Eleven

15666 Hellman Avenue, Chino, CA 91710

$7,400,000

Cap Rate 5.00%

Views: 159 DOM: 327 Updated: 11.25.24 Posted: 01.29.24 Status: Active

Summary

Price $7,400,000	Built/Renov 2023	Tenant 7-Eleven
Cap Rate 5.00%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 5,596	Lease Start 08-17-2023	#Units 83,282
Price/SF $1,322.37	Expiration 08-16-2038	Tenant Type Convenience/Gas
NOI $370,000	R. Term 13.8	Ownership Fee Simple
Rent/SF $66.12	Increases 10.0%/5/yrs	Pop 5Mi 245,905
Lot/AC 1.15	Options 4/5yrs/10%	AHHI 5Mi $145,171

Patrick Nutt

SRS National Net Lease Group

Contact

Lease Highlights

Brand-new 2023 construction
7-Eleven currently has 13+ years remaining on the current lease term with 4 (5-year) options to extend
The lease features 10% rental increases every 5 years throughout the initial term and each option period
Absolute NNN lease | Zero landlord responsibilities
Corporate guarantee | Investment grade tenant

Location Description

7-Eleven is strategically located at the intersection of Kimball Ave. and Hellman Ave., with a combined daily traffic count of 30,000 vehicles. The property boasts excellent visibility, with significant street frontage and a prominent monument sign. It offers multiple points of ingress and egress, enhancing accessibility. Adjacent to the property lies Chino Airport, directly servicing an 8,000...

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Key Features

New construction
Signalized intersection
Dense retail corridor
Near major nationals
Strong demographics
Absolute NNN
Long 10+ yr lease
Accelerated depreciation
Traded and rated company
Investment grade tenant

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Links

7-Eleven Wikipedia 7-Eleven Wikipedia Chino, California Zip Code 91710 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7-Eleven
Guarantor:Corp T and Rated
Company:Seven & I Holdings Co., Ltd
# Units:83,282
Tenant S&P: A
Moody’s: Baa2
Stock: OTCMKTS: SVNDY

About Tenant

7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	15,937	97,179	249,763
2023 Total Population :	15,566	95,619	245,905
2023 Employed Civilian Pop :	7,251	43,718	117,276
2023 Total Businesses :	159	1,269	6,205
2023 Average Household Income :	$ 147,722	$ 161,793	$ 145,171
2023 Total Consumer Spending :	$ 570 M	$ 3350 M	$ 8308 M
2023 Median Age :	34	33	35
2023 Total Households :	4,604	24,683	67,834
2023 Pop Age 25+: Bachelor's Degree :	3,048	18,889	40,080
2023 Average Home Value :	$ 613,616	$ 637,504	$ 617,401

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Moon Pl	Remington Ave	2003	40	0.57 mi
Schleisman Rd	Pine St	2009	15,323	0.62 mi
Pine Ave	Walker Ave	2007	9,347	0.67 mi
Kimball Ave	Comet Ave	2008	2,200	0.79 mi
Carpenter Ave	Merrill Access Ave	2001	399	0.85 mi
Pine Ave	Comet Ave	2008	9,300	0.93 mi
65th Street		2009	251	0.96 mi
Grove Ave	W Preserve Loop	2003	2,605	0.96 mi
Merrill Ave	Carpenter Ave	2001	193	0.98 mi
Merrill Ave	Carpenter Ave	2001	60	1.00 mi

Listing Broker

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