3255 W Stetson Ave, Hemet, CA 92545
New construction 7-Eleven with a 12-bay fuel canopy and convenience store, leased on an absolute NNN basis.
Property Features for 3255 W Stetson Ave
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Investment Insights
Based on property information with market context.
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.
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Location Intelligence
Trade Area within ½ mile
Demographics for 92545, CA
Market
Vacancy Rate% for Retail in West region