Hanley Investment Group Real Estate Advisors completed the $5-million sale of a 7‑Eleven-occupied convenience store and gas station in Clovis. Within the past 12 months, Hanley has closed more than $60 million in corporate convenience store and gas station deals across California.
VP Jacob Fahner and EVP Jeremy McChesney represented a Los Angeles–based private investor in the sale of the single‑tenant, fee‑simple 7‑Eleven located at 394 W. Ashlan Ave. The buyer, a 1031 exchange investor from Bakersfield, was represented by Jeffrey Leggio of ASU Commercial in Bakersfield.
“This particular 7‑Eleven offered a rare combination of compelling fundamentals — eligibility for 100% bonus depreciation at a refreshingly accessible $5 million price point, a true absolute triple‑net lease structure, and dominant performance from both the tenant and the grocer anchor,” Fahner said. “Those are exactly the deal nuances that resonate with private investors seeking durable income, and when they are clearly articulated, they drive outcomes like this.”
