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Brand New 7-Eleven Convenience Store
For Sale
Contact for pricing
Pending

3255 W Stetson Ave, Hemet, CA 92545

New construction 7-Eleven with a 12-bay fuel canopy and convenience store, leased on an absolute NNN basis.

Property Size4,088 SF
Days on Market148

Property Features for 3255 W Stetson Ave

General Information

Standard status Pending
Size 4,088 SF
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 56,000 vehicles/day

Building Details

Year Built 2023
Tenancy Single
Listing Agency: November Capital Real Estate
Listed By: Jeffrey Weil · License #IL 475.197328
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Sep 3 at 2:36AM

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 November Capital Real Estate

Investment Insights

Based on property information with market context.

November Capital is pleased to present a brand new construction 7-Eleven asset at 3255 W Stetson Ave in Hemet, California. The property is being built as an absolute NNN investment with no management responsibilities on the investor, and the lease is signed by 7-Eleven Corporate (investment grade, S&P: A). The convenience store is scheduled to open in late Q3 2023 and includes a 12-bay fuel canopy plus a convenience store building.

The site is positioned at the signalized hard corner intersection of South Sanderson Ave and W Stetson Ave, with the SEC listed as 56,000 vehicles per day. The property is located along a vibrant retail area directly across from a Walmart Supercenter. Nearby tenants named in the offering include Walgreens, US Bank, Starbucks, Dollar Tree, Hibbett Sports, and Buffalo Wild Wings.

According to the remarks, a new construction national car wash and a new construction national fast food tenant will be adjacent to the 7-Eleven. The trade area is described as having over 148,000 people within 5 miles. The lease includes 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period.

Key Highlights

  • Brand new construction 7‑Eleven asset in Hemet, CA at the SEC of South Sanderson Ave and W Stetson Ave (signalized hard corner).
  • Absolute NNN lease structure with no management responsibilities; leased to 7‑Eleven Corporate (investment grade, S&P: A).
  • Lease includes 7.5% rental increases every 5 years throughout the initial term and at the start of each option period.

Property Analytics

Current Use

McDonald's Restaurant McCrometer Inc Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair 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

56,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 92545, CA

44,072
Population
17,533
Households
2.5
Avg Household Size
45
Median Age
17%
College-Educated
84%
High-School Grad
29.7 sq mi
ZIP Area
1,484
Density / Sq Mi
$59,575
Median Household Income
$41,732
Median Earnings
$1,778
Median Rent
$334,900
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 - New construction 7-Eleven with a 12-bay fuel canopy and convenience store, leased on an absolute NNN basis.
Where is this gas station located?
The property is located at 3255 W Stetson Ave Hemet, CA.
What are key features of this property?
This property features: Brand new construction 7‑Eleven asset in Hemet, CA at the SEC of South Sanderson Ave and W Stetson Ave (signalized hard corner).; Absolute NNN lease structure with no management responsibilities; leased to 7‑Eleven Corporate (investment grade, S&P: A).; Lease includes 7.5% rental increases every 5 years throughout the initial term and at the start of each option period.
More about this property
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