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7-Eleven Net Lease Convenience Store
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1610 Fairgrounds Dr, Vallejo, CA 94589

Corporate 7-Eleven net lease with an S&P AA- tenant and a 15-year lease term starting February 1, 2021.

Property SizeContact for details
Days on Market124

Property Features for 1610 Fairgrounds Dr

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 5%

Building Details

Tenancy Single
Listing Agency: Silicon Valley Properties & Investments
Listed By: Francy Naderzad · License #CA 01299365
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:08PM

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 Silicon Valley Properties & Investments

Investment Insights

Based on property information with market context.

This offering is a brand new net lease investment anchored by a corporate 7-Eleven tenant. The remarks indicate an S&P AA- credit rating for the tenant and a 15-year lease structure, with rent commencement beginning February 1, 2021.

The property is located at 1610 Fairgrounds Dr in Vallejo, California, and the provided information notes proximity of approximately 1.8 miles from Six Flags Discovery Kingdom.

As presented, this is positioned as a single-tenant, corporate net lease asset built around the long-term 7-Eleven commitment.

Key Highlights

  • Corporate 7‑Eleven net lease investment with an S&P AA- rated tenant
  • 15‑year lease term with rent commencement on February 1, 2021
  • Lease described as a net lease with 7‑Eleven, Inc. as the corporate tenant

Property Analytics

Current Use

PNC Bank ATM Atm 7-Eleven Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Law Firm Dental Office Restaurant Spa & Massage Center Building Supply 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94589, CA

32,290
Population
9,826
Households
3.3
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
5,665
Density / Sq Mi
$91,313
Median Household Income
$45,106
Median Earnings
$2,127
Median Rent
$478,800
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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Similar Off Market Nearby

  • King's Supermarket 1624 fairgrounds dr # a, vallejo, ca 94589

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Corporate 7-Eleven net lease with an S&P AA- tenant and a 15-year lease term starting February 1, 2021.
Where is this grocery and convenience store located?
The property is located at 1610 Fairgrounds Dr Vallejo, CA.
What are key features of this property?
This property features: Corporate 7‑Eleven net lease investment with an S&P AA- rated tenant; 15‑year lease term with rent commencement on February 1, 2021; Lease described as a net lease with 7‑Eleven, Inc. as the corporate tenant
More about this property
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