7-Eleven Ground Lease
Single-Tenant Offerings
7-Eleven Ground Lease
4202 E Kings Canyon Rd.
Fresno, CA
- Price:
- $4,675,530
- Cap Rate:
- 4.25%
- NOI:
- $198,710
- Rentable SQFT:
- 3,010 SF
- Year Built:
- 2021
- Lot Size:
- 0.46 +/- Acres
- Lease Type:
- NNN Ground Lease
- Status:
- Available
Investment Highlights
- 15 Year NNN Ground Lease with Potential Depreciation Benefits
- 10% Increases Every 5 Years Throughout the Initial Term and Options
- Brand New 2021 Construction with Gas Station
- Investment Grade Credit, Rated 'AA-'by S&P
- Positioned Along Major Retail Corridor, Signalized Hard Corner with Over 34,000 Cars/Day
- Densely Populated Area with 315,000+ Residents within a 5-Mile Radius
- Adjacent to The Big Fresno Fairgrounds - The Fifth-Largest Fair in the State with 1.5 Million Visitors Annually
- Surrounded by Several Major Retailers Including Walmart Supercenter, Home Depot, CVS, WinCo Foods, Walgreens and Ross
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