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8048 Ca-12 Wallace, CA 95252

Sponsored
For Sale
$1,545,000

High-yield NNN lease, strong tenant.

Property size:
2,986 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple ownership of a 2,986 square foot 7-Eleven convenience store and gas station located at 8048 CA-12, Valley Springs, CA 95252. The property sits on a 0.86-acre lot and includes 8 gas pumps and 16 parking spaces. Built in 1970, the building is zoned C-2: General Commercial and boasts 100% occupancy under a corporate-guaranteed Net Lease (NNN) agreement. The current lease, with a remaining term of 11.5 years, extends to May 12, 2036, and includes three 5-year renewal options. Rent increases of 7.50% every 5 years throughout the initial term and options provide built-in inflation protection and growing net operating income (NOI). The property's NOI is $84,996, resulting in a 5.50% cap rate and a price per square foot of $517.41. The asking price is $1,545,000. This strategically located 7-Eleven enjoys high visibility along Highway 12, a major commuter route connecting the southern Sacramento MSA to Interstate 5. The property benefits from a strong local demographic, with over 4,300 residents and 780 daytime employees within a 5-mile radius, and boasts an affluent average household income. Furthermore, it's the only gas station within a 5+ mile radius, ensuring a significant consumer draw and minimal competition. The APN is 048-019-068-000.

Property Features for 8048 Ca-12

General Information

Property type
Automotive properties
Square Feet
2,986 SF
Lot Size
37,462 SF

Building Details

Year Built
1970
Buildings
1

HighLights

  • $1,545,000 asking price for a fee‑simple interest in a 7‑Eleven retail property.
  • NNN lease with corporate guarantee from a highly‑rated tenant (S&P: A).
  • 11.5 years remaining on the lease, plus three 5‑year options with 7.5% rent increases every 5 years.
  • 2,986 square feet building on a 0.86‑acre lot with 16 parking spaces and 8 gas pumps.
  • 5.50% cap rate with a $84,996 net operating income (NOI).
  • Located in Valley Springs, CA (Calaveras County), at 8048 CA‑12, with C‑2 zoning.
Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Map

City
Wallace
County
Calaveras
State
California
Longitude
-120.9789608
Latitude
38.1956998

FAQs

What type of property is this?
Automotive property - High-yield NNN lease, strong tenant.
Where is this automotive property located?
The property is located at 8048 Ca-12 Wallace, CA.
What is the asking price?
The asking price for this property is $1,545,000.
What are key features of this property?
This property features: $1,545,000 asking price for a fee-simple interest in a 7-Eleven retail property.; NNN lease with corporate guarantee from a highly-rated tenant (S&P: A).; 11.5 years remaining on the lease, plus three 5-year options with 7.5% rent increases every 5 years.
More about this property
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