For Sale
$1,545,000

8048 Ca-12Wallace, CA 95252

High-yield NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
118

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 Details for 8048 Ca-12

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,986 SF
Year Built
1970
Buildings
1
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Wallace
County
Calaveras
State
California
Latitude
38.1956998
Longitude
-120.9789608
8048 Ca-12, Wallace, California
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8048 Ca-12
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