7-Eleven
Sands Investment Group is pleased to offer for sale a free standing absolute net leased 7 Eleven property of approximately 2,040 square feet located in the City of Lakewood, CA. 7 Eleven has operated at this location for over 40 years and currently has over 3 years remaining on the current term with one five year option left. The property has 13 parking spaces – a favorable ratio of 6.37 spaces per 1,000 SF. This allows for future upside as the new owner has the opportunity to build additional square footage on the property of approximately 800 square feet.
The subject property is located along Del Amo Blvd. – a busy arterial road that stretches the length of Lakewood and into Carson, CA. The large attached parking lot allows for easy ingress/egress access to the location directly from Del Amo Blvd. The Lease is guaranteed by 7-Eleven, Inc. which has an S& P rating of AA-.