7-Eleven

North Hollywood, commonly known as NoHo, is a dynamic neighborhood in the San Fernando Valley region of Los Angeles, California. Bordered by Burbank to the east, Studio City to the south, and Sun Valley to the north, it offers a mix of urban and suburban living. With a diverse population of over 77,000 residents, NoHo is home to a blend of young professionals, artists, and long-time locals. The economy is fueled by the entertainment industry, small businesses, and a growing tech presence, with nearby Burbank serving as a hub for major studios like Warner Bros. and Disney. NoHo is best known for its thriving NoHo Arts District, featuring theaters, galleries, and music venues, as well as trendy restaurants, bars, and coffee shops. Universal Studios Hollywood is just minutes away, adding to the area's appeal. Transportation is convenient with the Metro B Line (Red Line), providing easy access to Downtown LA and Hollywood, while Burbank Airport is nearby for travelers. The real estate market consists of a mix of historic homes, modern apartments, and new developments, making it an attractive option for those seeking a vibrant yet affordable alternative to central Los Angeles.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.