This is a rare opportunity to acquire a high-performing 7-Eleven in North
Hollywood, California, secured by an Absolute NNN Lease. The lease was recently
extended for 12 more years, includes three (3) five-year renewal options, and
features 10% rental increases every five years, ensuring long-term stability. The
lease is corporately guaranteed by 7-Eleven.
Strategically positioned along Lankershim Boulevard, a major north-south arterial
road with traffic exposure to over 28,000 vehicles per day, this property benefits
from exceptional visibility within a thriving business district. Additionally, it offers
convenient access to the 134, 170, 101, and 5 Freeways and is just 2.7 miles from
Hollywood Burbank Airport, enhancing its accessibility and appeal. Surrounded by
a dense population of 288,824 residents within a three-mile radius, the location
provides strong demographics and consistent consumer traffic.