16791 Mcfadden Ave, Tustin, CA 92780-4930
This exceptional investment opportunity presents a brand-new, 4,212 square foot 7-Eleven convenience store and gas station situated on a 1.14-acre lot in Tustin, California. The property boasts a 15-year net lease (NNN) with a commencement date of July 1, 2024, and an expiration date of June 30, 2039, leaving a substantial 14.6 years remaining. This single-tenant property benefits from a 100% occupancy rate and generates a strong net operating income (NOI) of $390,000, resulting in a compelling 4.35% cap rate. The asking price is $8,965,000, translating to $2,128.44 per square foot. Built in 2024, this modern facility is located at 16791 McFadden Ave, Tustin, CA 92780, a high-traffic area with excellent visibility. The property's strategic location near the 55 Freeway (with over 307,000 cars per day) and dense residential neighborhoods ensures consistent customer traffic. This is a rare opportunity to acquire a highly desirable, low-maintenance, net-leased asset with a long-term lease from a creditworthy tenant in a prime Orange County location. The property's size and location make it an irreplaceable asset with significant long-term growth potential. The property's APN is 402-301-05, 402-301-06, and 402-301-07. This is a truly exceptional investment opportunity for discerning buyers seeking a stable, high-performing asset with significant upside potential.
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7-Eleven Grocery & Convenience Store
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Citibank ATM Atm
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KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.