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7-Eleven NNN Property
New
For Sale
$4,136,000

692 Marsh Street, San Luis Obispo, CA 93401

Freestanding convenience retail asset leased under an absolute net structure for a 15-year term.

Property Size4,180 SF
Days on Market2

Property Features for 692 Marsh Street

General Information

Standard status Active
Size 4,180 SF
Property subtype Retail
Zoning C-D

Site & Location

Corner Location Yes
Traffic Count 25,000 vehicles/day

Building Details

Building Size 4,180 SF
Stories 1
Tenancy Single
Listed By: Chris Abdayem, CCIM
Source: Srsre
Added: Sep 2 Last Checked: Sep 2 at 12:59PM

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 Chris Abdayem, CCIM

Investment Insights

Based on property information with market context.

This freestanding convenience retail property at 692 Marsh Street is occupied by 7-Eleven under an absolute NNN lease covering the entire property. The lease term is 15 years, and the site carries C-D zoning.

The property sits at the signal-controlled intersection of Marsh Street and Broad Street, with reported traffic of more than 25,000 vehicles per day. Highway 101, carrying 67,500 VPD, and Highway 1, carrying 40,600 VPD, are nearby. The surrounding trade area includes Smart & Final, Ace Hardware, Harbor Freight, CVS, Barnes & Noble, Panda Express, and Wells Fargo.

California Polytechnic State University is located less than 2 miles away and has approximately 23,000 students and more than 5,800 faculty and staff. Nearby healthcare facilities include French Hospital Medical Center, Adventist Health Sierra Vista, and Crestwood Psychiatric Health Facility – PHF Inpatient.

Key Highlights

  • 7‑Eleven occupies the entire property under an absolute NNN lease
  • 15‑year lease term
  • C‑D zoning at 692 Marsh Street, San Luis Obispo, CA 93401

Property Analytics

Current Use

7-Eleven Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick HVAC Service Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility Mobile Phone Store

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

25,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,613
Businesses Nearby

Demographics for 93401, CA

29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
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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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding convenience retail asset leased under an absolute net structure for a 15-year term.
Where is this nnn property located?
The property is located at 692 Marsh Street San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $4,136,000.
What are key features of this property?
This property features: 7‑Eleven occupies the entire property under an absolute NNN lease; 15‑year lease term; C‑D zoning at 692 Marsh Street, San Luis Obispo, CA 93401
More about this property
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