7-Eleven Napa, CA

490 Devlin Road
Napa, CA

Price: $8,711,000
Cap Rate: 4.25%
NOI: $370,233
Building Size: Approx. 3,560 Sq. Ft.
Lot Size: Approx. 1.54 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 3,560+/- SF Building on 1.54+/- Acre Site
  • Brand New 15-Year Absolute NNN Lease w/ 10% Rent Bumps Every 5 Years
  • 7-Eleven Has Never Defaulted on a Lease and Averages Over 43 Yrs Occupancy
  • Near Walmart, Safeway, Dollar General, Planet Fitness, Target, The Home Depot
  • Strong Income Demos with $156,042 within a 1-mile Radius
  • Special Tax Advantages Afforded to Gas Stations
  • Napa | Greater Sacramento MSA