307 E Sierra Ave | Portola, CA 96122
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- LoopNet Team
307 E Sierra Ave
Portola, CA 96122
7-Eleven Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term investment with just under 13 years left on the lease.
- Top-rated tenant: 7-Eleven, A-rated by Standard and Poor's, stronger than most national retail tenants.
- Proximity to Portola High School with approximately 1,550 students.
- Zero Landlord Obligations
- Exceptional access and visibility from Sierra Ave.
- Strong hedge against inflation with 7.50% rent increases every 5 years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,994 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.31 AC
Zoning
C2 - Commercial
Parking
5 Spaces (1.67 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,558,486 | |
| Land Assessment | $1,120,633 | Total Assessment | $3,679,119 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,120,633
Improvements Assessment
$2,558,486
Total Assessment
$3,679,119
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