MADERA, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the $12.18 million sale of a newly constructed, single-tenant 7-Eleven convenience store, gas station and commercial fueling facility in Madera, California. 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 only 7-Eleven location in the city.
Hanley Investment Group’s Senior Vice President Sean Cox and Executive Vice President Bill Asher represented the seller and developer, Stock Five Development, Inc., based in Clovis, California. The buyer, a private investor from the San Francisco Bay Area, was represented by Dev Patel, a senior vice president with Kidder Mathews in San Diego.
The property, located at 3720 Avenue 17 in Madera, features a 4,644-square-foot building on 4.04 acres at the hard-corner intersection of Avenue 17 and Golden State Boulevard, one of the city’s primary east-west corridors. The new 7-Eleven prototype includes EV charging stations and commercial diesel fueling lanes, reflecting the brand’s expansion into next‑generation fueling formats.
The project represents the culmination of a nearly four-year development process led by Stock Five Development, which transformed a raw site into a fully entitled, infrastructure-complete regional commercial fueling destination. The effort included extensive coordination involving land planning, environmental review, off-site improvements, utility coordination, agency approvals, fuel system design and tenant-specific prototype execution.
“We identified a 1031 exchange buyer that was specifically seeking a single-tenant 7-Eleven and sourced this off-market opportunity through a long-standing developer relationship,” Cox said. “We were able to procure the buyer prior to completion of construction and close escrow shortly after the tenant opened for business and began paying rent. This prototype is the first of its kind to sell in California as a single-tenant asset, which made the execution even more meaningful for all parties involved.”
The Madera sale extends Hanley Investment Group’s momentum in the 7-Eleven category, following the firm’s recent sale of a new‑construction 7-Eleven Commercial Fueling Lanes prototype in San Bernardino, where Hanley sold the convenience store and the commercial fueling lanes in two separate transactions. The firm has emerged as a leader in the disposition of new‑prototype 7-Eleven assets.
“This sale set a new benchmark for the 7-Eleven brand in California,” Asher said. “The combination of a new 15-year triple-net lease, expanded fueling program, and a prime location adjacent to State Route 99 and future home of North Fork Mono Casino, were highly attractive selling points for the buyer.”
Hanley Investment Group’s activity in the category also includes recent closings of two 7-Eleven-occupied properties in Sacramento and Clovis, California, reflecting sustained investor demand for essential retail and next‑generation fueling formats throughout the Central Valley and greater Sacramento region.
7-Eleven, Inc., a wholly owned subsidiary of Tokyo-based Seven & i Holdings Co., Ltd. (TSE: 3382; OTC: SVNDY), carries an investment-grade credit rating of A from S&P and operates, franchises and licenses more than 85,000 stores across 20 countries, including 13,000 locations in North America, making it the largest convenience‑store retailer in the world.
About Stock Five Development
Stock Five Development specializes in complex commercial and fuel-oriented developments throughout Northern California and Central Valley, with expertise spanning land acquisition, entitlements, infrastructure development, tenant coordination, and build-to-suit execution. The Madera project exemplifies the company’s long-term development approach and ability to deliver quality assets and comprehensive solutions for their clients in emerging growth corridors.
About Hanley Investment Group
Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with a transaction track record exceeding $12.8 billion, specializing in the sale of retail properties nationwide. The firm’s expertise, proven track record spanning more than 20 years, and dedication to putting clients’ needs first set it apart in the industry. Hanley Investment Group creates value by delivering exceptional results through property-specific marketing strategies, cutting-edge technology and local market knowledge. Hanley Investment Group’s relationships with investors, developers, institutions, franchisees, brokers and 1031 exchange buyers translate into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties. For more information, visit hanleyinvestmentgroup.com.
Media Contact
Company Name: Hanley Investment Group Real Estate Advisors
Contact Person: Sean Cox, Senior Vice President
Email: Send Email
Phone: 949.244.9335
Address:3500 East Coast Highway, Suite 100
City: Corona del Mar
State: California
Country: United States
Website: https://hanleyinvestmentgroup.com/