Speedway Ground Lease
Sonora
,
CA
California
Call for Details
$
2,098,000
.svg)
Call for Details
5.00
%
CAP Rate
Convenient Location in Car-Dependent Region
Access from Mono Way (46,000 ADT) Near CA-108
Across from County's Largest Shopping Center
with Kohl's, T.J. Maxx, Starbucks & More
Sonora is the Economic & Tourism Hub of the Sierra Foothills
Property details
- Rare Low Price Point Gas Station in Northern California with Strong Corporate Backing
- Approximately 7 Years Remaining with Two 5-Year Options to Extend
- 1.5% Annual Rent Increases Providing a Hedge Against Inflation
- Sustainable, Below Market Rent
- Successful Location with 28 Year Operating History
- Ranked #28 for the Chain, 85th Percentile in CA (per Placer.ai)
- In 2021, 7-Eleven, Inc. Acquired Speedway, LLC for $21 Billion
- Global Leader in Convenience Retail with More than 85,000 Locations
- Speedway is a Best-in-Class Gas Station & C-Store Tenant
- Founded in 1952; Operates More than 3,000 Locations in 36 States
- Excellent Visibility with Convenient Access in a High-Traffic Corridor
- Located on Mono Way (46,000 ADT), Just Off of CA-108 (20,800 ADT)
- Well-Positioned to Serve Travelers and Locals Alike in a Car-Dependent Region
- Adjacent to The Junction Shopping Center, the Largest Shopping Center in the County
- Anchored by Kohl's, with T.J. Maxx, CVS, Dollar Tree, Anytime Fitness, Starbucks, Round Table Pizza, Jack in the Box, and More
- 2 Miles from Adventist Health Sonora Medical Center (152 Beds)
- 3 Miles from Historic Downtown Sonora & Sonora High School
- High-Visibility Tourist Market
- In 2024, Tuolumne County Experience 6 Million Tourist Visits, Contributing $307.8 Million to the Local Economy (per Visit Tuolumne County)
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387