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Moorpark Shell Station Ground Lease
For Sale
$4,635,000

301 W Los Angeles Ave, Moorpark, CA 93021

NNN leased Shell station with 7-Eleven guarantee in affluent Moorpark.

Lot Size0.74 Acres
Days on Market187

Property Features for 301 W Los Angeles Ave

General Information

Standard status Active
Lot size 0.74 Acres
Property subtype Retail
Listing Agency: Newmark | Las Vegas
Listed By: Kyle Miller · License #CA RE Lic. #01716644
Source: Nmrk
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 1 at 6:07AM

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 Newmark | Las Vegas

Investment Insights

Based on property information with market context.

The property is a ground-leased fee interest in a freestanding Shell station, guaranteed by 7-Eleven, Inc., located in Moorpark, California. Situated on the signalized hard corner of E. Los Angeles Avenue and Park Lane, the property features ten gas pumps, a convenience store, and a car wash. The location is seasoned, having been occupied by Tesoro since 1992 before being acquired by 7-Eleven, Inc. The lease has been recently extended for 10 years, with two 5-year options at fair market value. The lease includes 3% annual increases. The property occupies 0.74 acres on the primary corner outparcel to Mission Bell Plaza, a 113,682 square foot grocery-anchored shopping center. Co-tenants include Grocery Outlet, Fitness 19, Tractor Supply, Dollar Tree, Carl’s Jr, El Pollo Loco, AutoZone, and Wells Fargo. Moorpark is a wealthy Ventura County suburb bordering Los Angeles County. The area has experienced upper-class growth, with high average household incomes of $139,625, $177,707, and $171,949 within a 1, 3, and 5-mile radius, respectively. The city of Moorpark is currently amending the General Plan to allow for additional density along E. Los Angeles Avenue.

Key Highlights

  • NNN Ground Lease with Investment Grade Tenant (S&P: AA-) guaranteed by 7‑Eleven, Inc., providing passive income.
  • Located on a signalized hard corner in affluent Moorpark, CA, with high average household incomes.
  • Seasoned location operating since 1992, recently extended with a 10‑year lease and two (2) five (5) year options at FMV.

Property Analytics

Current Use

Shell Gas Station Food Mart Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby
191k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 26% Groceries 23% Home Improvements & Furnishings 8%
Ralphs Groceries
31,809 visits/mo 0.3 miles
76 Shops & Services
17,246 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
15,091 visits/mo 0.2 miles
Taco Bell Dining
13,752 visits/mo 0.3 miles
Dollar Tree Shops & Services
13,401 visits/mo 0.1 miles

Demographics for 93021, CA

38,103
Population
12,103
Households
3.1
Avg Household Size
39
Median Age
45%
College-Educated
91%
High-School Grad
47.8 sq mi
ZIP Area
797
Density / Sq Mi
$149,848
Median Household Income
$55,770
Median Earnings
$2,651
Median Rent
$862,600
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 - NNN leased Shell station with 7-Eleven guarantee in affluent Moorpark.
Where is this gas station located?
The property is located at 301 W Los Angeles Ave Moorpark, CA.
What is the asking price?
The asking price for this property is $4,635,000.
What are key features of this property?
This property features: NNN Ground Lease with Investment Grade Tenant (S&P: AA-) guaranteed by 7‑Eleven, Inc., providing passive income.; Located on a signalized hard corner in affluent Moorpark, CA, with high average household incomes.; Seasoned location operating since 1992, recently extended with a 10‑year lease and two (2) five (5) year options at FMV.
More about this property
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