7-Eleven Listing Details & Market Data

Portola is the only incorporated city in Plumas County, California, United States. The population was 2,104 at the 2010 census, down from 2,227 at the 2000 census. Portola is located on the Middle Fork of the Feather River and was named after Spanish explorer Gaspar de Portolá, although he did not explore this area.This property represents a secure long-term investment opportunity, boasting just under 13 years remaining on the absolute NNN lease. It features a highly-rated tenant, 7-Eleven, with an impressive A-rated credit score by Standard and Poor's, surpassing the financial strength of the majority of national retail tenants. Situated for optimal exposure, the property enjoys excellent access and visibility from Sierra Ave. Additionally, its strategic location places it less than a mile from Portola High School, serving approximately 1,550 students, adding to its potential appeal for a variety of businesses. The property serves as a robust hedge against inflation, featuring 7.50% rent increases every 5 years. Notably, 7-Eleven, a key tenant, is one of the nation's largest independent gasoline retailers, with a vast global presence encompassing well over 70,000 stores across 18 countries, further enhancing the property's attractiveness as a long-term investment.