Just Sold | Top Performing 7-Eleven in Signal Hill, CA
IREA is please to announce the closing of 7-Eleven in Signal Hill (Long Beach), California.
One of the top performing 7-Eleven stores in California has changed hands. Located at 2799 E. Pacific Coast Hwy, the property is situated in a dense infill Signal Hill location, just 3.5 miles from Downtown Long Beach and 2.5 miles to area beaches. The NNN leased investment property traded at $1,354 per square foot at a 4% cap rate.
Partners Clark Everitt, William Everitt, and Jonathan Krikorian of Investment Real Estate Associates (“IREA”) represented the buyer.