8708 Atlantic Ave
South Gate, CA 90280
Retail Property For Sale

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.