- New 15-year, absolute NNN lease that commenced in August of 2023
- The lease feature 4, 5-year options to extend with 10% rental increases every 5 years, including the beginning of each option period
- 7-Eleven is an investment grade credit with an S&P credit rating of AA-
- The subject property was constructed in 2023 with high quality material and features 16 fueling stations
Investment Offering
Chino, CA - 7-Eleven
15666 Hellman Avenue | Chino, CA 91710
$7,400,000
Price5%
Cap Rate$370,000
NOI2023
Year Built5,596
± SF Offering GLA1.15
± AC Land AreaDescription
Location
- The subject property is located at the intersection of Kimball Ave. and Hellman Ave., which averages a combined 30,000 vehicles passing by daily
- The asset has excellent visibility via significant street frontage and large monument sign
- Multiple points of ingress/egress
- Directly servicing an 8,000 Acre Business Park with tenants including Nike, FedEx, Logistics Plus and several more
- The asset is adjacent to Chino Airport, a regional airport that averages 450 flights per day, further increasing consumer traffic to the site
- The nearest Gas Station is over 2-miles away, making this location the newest and closest location to the business park
Contact
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739