Brand New 7-Eleven Convenience
3255 W Stetson Ave Hemet, CA 92545
3255 W Stetson Ave, Hemet, CA, 92545
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For Sale
Contact for pricing
Pending
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 Market102
Property Features for 3255 W Stetson Ave
General Information
- Standard status
- Pending
- Size
- 4,088 SF
- Property subtype
- Retail
Listing agency
November Capital Real Estate
Listed by
Jeffrey Weil · License #IL 475.197328
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 8:26PM Checked: Jul 20 at 8:26PM
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.
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
Location Intelligence
Current Use by Public Records
McDonald's
Restaurant
McCrometer Inc
Industrial Manufacturer
Similar For Sale Nearby
FAQs
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.
