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Single-Tenant Convenience Store Lease
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3868 Delaware Dr, Fremont, CA 94538

Established 7-Eleven with a new 15-year lease, corporate guarantee, and three 5-year renewal options.

Property SizeContact for details
Days on Market135

Property Features for 3868 Delaware Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Kase Group
Listed By: Jason Denham · License #CA 02001094
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:16PM

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.

This offering presents an established 7-Eleven convenience store that has been operating at the site since 1976. The property is structured as a new lease with a corporate guarantee, supported by scheduled rent increases over the initial term.

The lease term is 15 years and includes three separate 5-year options to renew. The transaction also notes bonus depreciation benefits associated with the property.

Additional purchase pricing and other property specifics were not provided. Buyers and brokers should confirm all terms, including rent schedule and renewal conditions, as part of their due diligence.

Key Highlights

  • Established 7‑Eleven operating at this location since 1976
  • New 15‑year lease includes a corporate guarantee
  • Lease provides three 5‑year renewal options

Property Analytics

Current Use

7-Eleven Grocery & Convenience Store Redbox Cinema Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm

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

612
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 96% Apparel 4%
76 Shops & Services
8,310 visits/mo 0.4 miles
7-Eleven Shops & Services
5,371 visits/mo 0.1 miles
CubeSmart Self Storage Shops & Services
659 visits/mo 0.5 miles
Ewing Outdoor Supply Apparel
540 visits/mo 0.3 miles
CubeSmart Self Storage Shops & Services
453 visits/mo 0.3 miles

Demographics for 94538, CA

66,424
Population
24,429
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
4,026
Density / Sq Mi
$144,451
Median Household Income
$76,827
Median Earnings
$2,860
Median Rent
$1,104,800
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?
Grocery and convenience store - Established 7-Eleven with a new 15-year lease, corporate guarantee, and three 5-year renewal options.
Where is this grocery and convenience store located?
The property is located at 3868 Delaware Dr Fremont, CA.
What are key features of this property?
This property features: Established 7‑Eleven operating at this location since 1976; New 15‑year lease includes a corporate guarantee; Lease provides three 5‑year renewal options
(925) 390-8518 Call to check price and availability
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