Listing Details

Ally Commercial Real Estate is pleased to present the sale of 1104 South Blosser Road, Santa Maria, CA—a prime, high-performing 7-Eleven convenience store with a corporate-backed lease. Strategically positioned in a dense infill location, this property benefits from strong retail demand, consistent foot traffic, and proximity to Santa Maria High School, with over 2,700 students. This absolute NNN investment requires zero landlord responsibilities, offering investors a stable, long-term income stream. 7-Eleven recently extended its lease through 2030, underscoring the location’s strength, and the lease includes a 10% rental increase in 2025. Additionally, the lease features two 5- year extension options, ensuring continued tenancy security. As an S&P AA-rated credit tenant, 7-Eleven guarantees the lease, making this a highly secure investment. The property’s 46-year operating history, 24-hour business model, and offerings like beer and wine sales, hot food, lottery, propane, and an ATM enhance revenue potential. With 28% projected job growth by 2050 and over $230 million in commercial and residential development, Santa Maria presents a thriving market for retail investments. This property is an exceptional turnkey opportunity with a strong national tenant and passive income potential.