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8708 Atlantic Ave
South Gate, CA 90280
7-Eleven · Retail Property For Sale
Property Facts
About 8708 ATLANTIC AVE , SOUTH GATE, CA 90280
Aron Cline and Matthews Retail Advisors are pleased to exclusively offer for sale to qualified investors an irreplaceable location net leased 7-Eleven convenience store located in a dense suburb of Los Angeles. The subject property has operated as a 7-Eleven convenience store since 1975 and recently signed a new 10 year lease with two five year options to renew. The investment offers an investor long term security with a 10 year guaranteed primary lease term with 10% rental increases in the options. The lease is corporately guaranteed by 7-Eleven Inc., S&P rated AA- and is considered the nation' s largest convenience store chain with more than 8,600 stores in the U.S. The locations benefits from its strategic location on a signalized corner where Atlantic Ave and Firestone Blvd intersect in South Gate, CA. The location benefits from daily traffic counts exceeding 116,000.
Property Taxes
| Parcel Number | 6216-032-036 | Improvements Assessment | $2,850,261 |
| Land Assessment | $762,342 | Total Assessment | $3,612,603 |
Property Taxes
