Investment Highlights

NEW 15-YEAR ABSOLUTE NNN LEASE
» 7-Eleven is the largest convenience retail chain in the world, with more than 67,000 stores worldwide
» 7-Eleven, Inc. is an investment grade tenant with a “AA-” rating from Standard & Poor’s
» New 15-year absolute NNN lease with three (3) five (5) year options
» 10% rental increases every five years, providing a hedge against inflation
» New 2021 construction built to latest 7-Eleven prototype, featuring six fuel pumps and a freestanding convenience store

LOCATED IN A DENSELY POPULATED AND GROWING CALIFORNIA CORRIDOR
» Hard-corner location at the signalized four-way intersection of North Wilson Way and Bradford Street (29,200 AADT)
» Beneficial proximity to highly trafficked California thoroughfares, including State Route 99 and Interstate 5 (combined 206,000 vehicles per day)
» Population of 306,007 within a five-mile radius of the location, creating an extremely large customer base for the site
» Population increase of 21,000+ residents within five miles of the site in the past 10 years, demonstrating the immediate area’s steady growth
» Projected 10 percent average annual household income increase within one miles of the site in the next five years, poising 7-Eleven and Stockton for conurrent growth

CENTRAL LOCATION NEAR LARGE EMPLOYERS, RETAILERS, AND COMMUNITY HUBS
» Surrounded by a strong mix of local and national retailers, including Grocery Outlet, KFC, Domino’s, McDonald’s, Little Caesars, Starbucks, and many more
» One mile from St. Joseph’s Medical Center (348 beds, 2,300 employees) and four miles from the University of the Pacific (6,281 students, 431 employees)
» Within five miles of six major shopping centers (combined 2.3 million SF of retail space and 330 stores), promoting crossover shopping to the location
» Excellent location in a major commuter corridor, with close proximity to several high density single-family developments
» Beneficial proximity to major Stockton community hubs and recreational areas, including Stockton Arena, The Bob Hope Theatre, Stockton 99 Speedway, and Oakmoore Golf Course

Property Description

SOLD

Visibility to the property is increased by the site’s centralized location in a densely populated and growing retail corridor. The site has a hard-corner location at the signalized four-way intersection of North Wilson Way and Bradford Street (29,200 AADT). The location also benefits from its proximity to highly trafficked California thoroughfares, including State Route 99 and Interstate 5, which experience a combined 206,000 vehicles per day. 306,007 residents live within a five-mile radius of the location, establishing an extremely large regular customer base for the site. The property is also located in an area that is experiencing steady growth, with a population increase of 21,000+ residents within five miles of the site in the past 10 years. The location is also projected for steady future growth as well, with a projected 10 percent average annual household income increase within one miles of the site in the next five years.

The location is strategically located near major employers, retailers, and community hubs. The property is surrounded by a strong mix of local and national retailers, including Grocery Outlet, KFC, Domino’s, McDonald’s, Little Caesars, Starbucks, and many more. The site resides one mile from St. Joseph’s Medical Center (348 beds, 2,300 employees) and four miles from the University of the Pacific (6,281 students, 431 employees). The location also resides within five miles of six major shopping centers (combined 2.3 million SF of retail space and 330 stores), promoting crossover shopping to the site. The property maintains an excellent location in a major commuter corridor, with close proximity to several high-density single family developments. The site also maintains a beneficial proximity to major Stockton community hubs and recreational areas, including Stockton Arena, The Bob Hope Theatre, Stockton 99 Speedway, and Oakmoore Golf Course.