Your email has been sent.
7-Eleven 1960 Santa Fe Ave 3,188 SF Retail Building Long Beach, CA 90810 $1,495,000 ($468.95/SF) 7.14% Cap Rate
Investment Highlights
- Absolute NNN Lease: Zero landlord responsibilities – tenant responsible for taxes, insurance, and all maintenance.
- Effective January 2026, rent has been increased to $106,800 annually, enhancing cash flow and investment yield.
- Long-Term Income: Secure cash flow with 6 years remaining on base term and options for extension.
Executive Summary
The property occupies a prominent signalized hard corner with excellent visibility and strong traffic exposure along Santa Fe Avenue. Located in a dense urban corridor, the site benefits from a proven operating history and is surrounded by national and regional tenants, residential housing, and local schools. With over 300,000 residents within a five-mile radius, the area drives steady foot traffic and supports long-term retail performance.
This offering provides stable, long-term income with 5.5 years remaining on the base lease term and two five-year renewal options. Effective January 2026, the annual rent will increase to $106,800, further enhancing cash flow and yield. Combining passive income, strong demographics, and a prime Long Beach location, this investment offers secure returns and long-term upside in one of Southern California’s most supply-constrained markets.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
7-Eleven began in 1927 as an ice vendor in Dallas, Texas called Southland Ice Company. It eventually started selling food items like bread, milk, and eggs, which led to the first convenience stores. The name changed to 7-Eleven in 1946 to reflect the extended hours from 7 am to 11 pm. 7-Eleven grew rapidly in the following decades, pioneering ideas like 24/7 stores and to-go coffee. While it started in the US, it now has a significant global presence with stores in many countries. The stores sell a variety of products including snacks, beverages, prepared foods, and gasoline.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $811,822 | |
| Land Assessment | $1,336,802 | Total Assessment | $2,148,624 |
Property Taxes
Presented by
7-Eleven | 1960 Santa Fe Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.