Absolute NNN Convenience
For Sale
$5,300,000
202 N Mount Vernon Ave, Colton, CA 92324
Fee simple 7-Eleven convenience store offered on an absolute NNN basis with corporate guarantee and extended lease term.
Property Size2,836 SF
Days on Market194
Property Features for 202 N Mount Vernon Ave
General Information
Standard status
Active
Size
2,836 SF
Property subtype
Commercial
Lease Term
±9 YRS
Net Operating Income
$286,605
Building Details
Building Size
2,836 SF
Year Built
1995
Tenancy
Single
Listing Agency:
Matthews Real Estate Investment Services
Listed By:
Nick Hahn · License #02118006 (CA)
(949) 662-2267
Source:
Matthews
Added: Apr 12
Changed: Oct 11
Last Checked: Oct 20 at 5:12PM
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 Matthews Real Estate Investment Services
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Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple interest (land and building ownership) in an absolute NNN, corporate-guaranteed 7-Eleven convenience store located at 202 N Mt Vernon Ave, Colton, CA. The offering is described as an absolute NNN structure with zero landlord responsibilities.
The tenant extended the lease an additional 5 years in September 2020, providing over 4 years of firm term remaining at the time of the remarks. The lease is corporate guaranteed by 7-Eleven, which is identified in the materials as an investment-grade company with an S&P rating of AA-.
The property is presented as a management-free investment opportunity for a passive investor, with the ownership structure and lease terms intended to minimize ongoing landlord involvement under the absolute NNN model.
The tenant extended the lease an additional 5 years in September 2020, providing over 4 years of firm term remaining at the time of the remarks. The lease is corporate guaranteed by 7-Eleven, which is identified in the materials as an investment-grade company with an S&P rating of AA-.
The property is presented as a management-free investment opportunity for a passive investor, with the ownership structure and lease terms intended to minimize ongoing landlord involvement under the absolute NNN model.
Key Highlights
- Fee simple ownership (land & building) of a 7‑Eleven convenience store in Colton, CA (San Bernardino MSA)
- Absolute NNN lease structure with zero landlord responsibilities
- Corporate‑guaranteed by 7‑Eleven (S&P: AA-)
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 23%
Hotels & Casinos 19%
7-Eleven
Shops & Services
7,219 visits/mo
0.1 miles
Alberto's Mexican Food
Dining
2,927 visits/mo
0.1 miles
Comfort Inn & Suites
Hotels & Casinos
2,417 visits/mo
0.3 miles
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee simple 7-Eleven convenience store offered on an absolute NNN basis with corporate guarantee and extended lease term.
Where is this grocery and convenience store located?
The property is located at 202 N Mount Vernon Ave Colton, CA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Fee simple ownership (land & building) of a 7‑Eleven convenience store in Colton, CA (San Bernardino MSA); Absolute NNN lease structure with zero landlord responsibilities; Corporate‑guaranteed by 7‑Eleven (S&P: AA-)
