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Absolute NNN 7-Eleven Ground Lease
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1040 Laurel Rd, Oakley, CA 94561

Absolute NNN ground lease with a 15-year term and Chevron-branded fuel across six MPDs.

Property Size3,795 SF
Lot Size1.25 Acres
Days on Market121

Property Features for 1040 Laurel Rd

General Information

Standard status Active
Size 3,795 SF
Lot size 1.25 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Kase Abusharkh · License #TX 708586
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 11:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group

Investment Insights

Based on property information with market context.

The Kase Group presents an absolute NNN ground lease anchored by a 7-Eleven. The new lease provides a 15-year initial term with three additional 5-year options to follow. Rent is structured with 10% increases every five years during the primary term and again at each 5-year option.

The property is located on a major commercial thoroughfare at 1040 Laurel Rd in Oakley, CA. The site includes 6 MPDs supporting Chevron brand fuel, with the convenience store building totaling 3,795 SF on 1.25 acres.

As configured, the asset combines the convenience retail building with fueling operations supported by the on-site MPDs, under the terms of the absolute NNN lease structure.

Key Highlights

  • Absolute NNN ground lease with a 15‑year term and three 5‑year options
  • Rent increases of 10% every five years throughout the primary term and at each 5‑year option
  • Property sits on 1.25 acres with a 3,795 SF building

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center Real Estate Agency Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
ARCO Shops & Services
27,738 visits/mo 0.3 miles
7-Eleven Shops & Services
11,447 visits/mo 0.2 miles
AMPM Shops & Services
10,482 visits/mo 0.3 miles

Demographics for 94561, CA

44,545
Population
14,251
Households
3.1
Avg Household Size
36
Median Age
23%
College-Educated
89%
High-School Grad
17.3 sq mi
ZIP Area
2,575
Density / Sq Mi
$130,859
Median Household Income
$52,220
Median Earnings
$1,982
Median Rent
$632,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Absolute NNN ground lease with a 15-year term and Chevron-branded fuel across six MPDs.
Where is this gas station located?
The property is located at 1040 Laurel Rd Oakley, CA.
What are key features of this property?
This property features: Absolute NNN ground lease with a 15‑year term and three 5‑year options; Rent increases of 10% every five years throughout the primary term and at each 5‑year option; Property sits on 1.25 acres with a 3,795 SF building
(925) 348-1844 Call to check price and availability
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