400 Auburn St Colfax, CA 95713

This exceptional investment opportunity presents a fee-simple interest in a 2,146 square foot 7-Eleven convenience store and gas station located at 400 S Auburn St, Colfax, CA 95713. The property boasts a strong 11.5-year remaining lease term with three 5-year options, featuring 7.5% rental increases every five years. The corporate-guaranteed NNN lease minimizes landlord responsibilities, offering a passive income stream. With a 5.50% cap rate and a Net Operating Income (NOI) of $275,004, this asset provides a compelling return on investment. Situated on a 0.55-acre lot with nine parking spaces, the property benefits from high visibility and accessibility, located along Auburn Street, State Highway 174, and Interstate 80, experiencing significant daily traffic. The property is zoned C-H (Highway Commercial District) and was built in 1968. The strong tenant, 7-Eleven, is surrounded by complementary businesses and a dense residential population with high average household incomes, ensuring consistent customer traffic. This prime location, coupled with the long-term lease and built-in rent escalations, makes this a highly desirable investment opportunity. The asking price is $5,000,000, representing a price per square foot of $2,329.92. The property's APN is 100-240-024-000.