California 7-Eleven in the Middle of Nowhere Sells for Record $12M

California 7-Eleven in the middle of nowhere sells for record $12M

Just weeks after the first 7-11 in Madera, California opened its doors, it has sold to a new buyer for a record sum.

New 7-Eleven Prototype Sets California Pricing Record

Hanley Investment Group Real Estate Advisors arranged the $12.18-million sale of a newly constructed, single‑tenant 7‑Eleven convenience store, gas station and commercial fueling facility located at 3720 Ave. 17 in Madera. According to Hanley, the transaction represents the highest‑priced single‑tenant 7‑Eleven ever sold in California, the first single‑tenant 7‑Eleven C‑store with Commercial Fueling Lanes to sell in the state and the first and o…