7-Eleven Single-Tenant Convenience
11299 Washington Blvd., Culver City, CA 90230
For Sale
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The property is leased to 7-Eleven, with five years remaining on the current lease term.
Property SizeContact for details
Days on Market11
Property Features for 11299 Washington Blvd.
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Hanley Investment Group
Listed By:
Ed Hanley · License #CA 01118569
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 5:19PM
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 Hanley Investment Group
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Investment Insights
Based on property information with market context.
This single-tenant convenience store property includes both the land and the building. 7-Eleven is the tenant, and the current lease has five years remaining from its original 15-year term. Four additional five-year options are available, each with a 10% rent increase every five years. The lease also provides for 10% increases at five-year intervals during its initial term.
The property is on Washington Boulevard, where average daily traffic exceeds 39,000 vehicles. The lease began in 2016 with a new 15-year term.
The property is on Washington Boulevard, where average daily traffic exceeds 39,000 vehicles. The lease began in 2016 with a new 15-year term.
Key Highlights
- Single‑tenant property leased to 7‑Eleven
- Five years remain on the original 15‑year lease term
- Four 5‑year renewal options, each with a 10% increase every 5 years
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,457
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 90230, CA
32,743
Population
14,198
Households
2.3
Avg Household Size
41
Median Age
58%
College-Educated
91%
High-School Grad
4.5 sq mi
ZIP Area
7,276
Density / Sq Mi
$106,827
Median Household Income
$76,041
Median Earnings
$2,423
Median Rent
$1,025,200
Median Home Value
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Market
Average Price Trend$/SF for Grocery and convenience stores in Los Angeles County, CA
Properties on Market for Grocery and convenience stores in Los Angeles County
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The property is leased to 7-Eleven, with five years remaining on the current lease term.
Where is this grocery and convenience store located?
The property is located at 11299 Washington Blvd. Culver City, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Single‑tenant property leased to 7‑Eleven; Five years remain on the original 15‑year lease term; Four 5‑year renewal options, each with a 10% increase every 5 years
