7-Eleven Convenience
2538 E La Palma Ave, Anaheim, CA 92806
For Sale
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The store is leased on an absolute NNN basis with a corporate guarantee from 7-Eleven, Inc.
Property Size2,400 SF
Lot Size0.24 Acres
Price / SF$1,359
Days on Market21
Property Features for 2538 E La Palma Ave
General Information
Standard status
Size
Lot size
Property subtype
Financials
Asking Price
Cap Rate
Site & Location
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
Silber Investment Properties Ltd
Listed By:
Erick Vaysman · License NY #10401357340
Source:
Crexi
Added: Oct 21
Changed: Nov 9
Last Checked: Nov 9 at 1:56PM
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 Silber Investment Properties Ltd
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Investment Insights
Based on property information with market context.
The 2,400-square-foot convenience store occupies a 0.24-acre parcel at 2538 E La Palma Ave. The property is leased to 7-Eleven, Inc. under an absolute NNN lease with a 15-year base term, three five-year renewal options, and rent increases of 10% every five years. The lease carries a corporate guarantee from 7-Eleven, Inc.
The site fronts E La Palma Avenue, where the reported traffic volume is approximately 24,047 vehicles per day. The location is also described as near the 57 Freeway and Riverside Freeway, with combined traffic counts exceeding 500,000 vehicles per day. The store has served the Anaheim community since 1967.
The site fronts E La Palma Avenue, where the reported traffic volume is approximately 24,047 vehicles per day. The location is also described as near the 57 Freeway and Riverside Freeway, with combined traffic counts exceeding 500,000 vehicles per day. The store has served the Anaheim community since 1967.
Key Highlights
- 2,400 SF building on a 0.24‑acre parcel
- Absolute NNN lease with a corporate guarantee from 7‑Eleven, Inc.
- 15‑year base term with three 5‑year renewal options
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
24,047 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Groceries 29%
Dining 15%
Superior Grocers
Groceries
26,460 visits/mo
0.5 miles
Wendy's
Dining
13,871 visits/mo
0.5 miles
Chevron
Shops & Services
13,736 visits/mo
0.5 miles
7-Eleven
Shops & Services
12,820 visits/mo
0.1 miles
7-Eleven
Shops & Services
11,447 visits/mo
0.5 miles
Demographics for 92806, CA
40,649
Population
13,144
Households
3.1
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
5,279
Density / Sq Mi
$95,112
Median Household Income
$44,212
Median Earnings
$2,234
Median Rent
$791,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Northgate Market — 2030 E Lincoln Ave, Anaheim, CA 92806
- Supermercado — 2030 E Lincoln Ave, Anaheim, CA 92806
- Target Grocery — 2222 E Lincoln Ave, Anaheim, CA 92806
- Buy Low Market — 1086 N State College Blvd, Anaheim, CA 92806
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The store is leased on an absolute NNN basis with a corporate guarantee from 7-Eleven, Inc.
Where is this grocery and convenience store located?
The property is located at 2538 E La Palma Ave Anaheim, CA.
What is the asking price?
The asking price for this property is $3,263,000.
What are key features of this property?
This property features: 2,400 SF building on a 0.24‑acre parcel; Absolute NNN lease with a corporate guarantee from 7‑Eleven, Inc.; 15‑year base term with three 5‑year renewal options
