135 East Ovilla Road
Red Oak, TX
Price:
$6,669,000
Cap Rate:
4.35%
NOI:
$290,100
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 2.54 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,650+/- SF Building on 2.54+/- Acre Site
- New 15 Yr Absolute NNN Lease w/ 7.5% Rental Increases
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Strong Income Demos w/ an est. $92,300 within a 5-Mile Radius
- Situated at the Signalized Intersection that is Catty-Corner to a Walmart Supercenter (36,000+ VPD)
- $600 Million Google Center and 400,000 SF Compass Datacenter Coming Less than 1 Mile Away
- Red Oak | Located 20-Miles South of Dallas, TX | Dallas-Fort Worth MSA