7-Eleven Elsa, TX

911 West Edinburg Avenue
Elsa, TX

Price: $3,051,000
Cap Rate: 5.00%
NOI: $152,566
Building Size: Approx. 2,609 Sq. Ft.
Lot Size: Approx. 1.37 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built / Renovated: 2006 / 2020

Investment Overview

  • 2006 Construction/2020 Renovation. 2,609+/- SF Building on 1.37+/- Acre Site
  • 9+ Years Remaining on Absolute Net Lease with 10% Rental Increases Every 5 Years in Primary Term and 7% In Option Periods
  • Main Thoroughfare Location – Edinburg Ave (15,043 VPD) is the Primary Traffic Route in Elsa
  • Close Proximity to Major Credit Tenants – H-E-B, McDonalds, Whataburger, CVS, AutoZone, & More
  • Elsa is Uniquely Positioned between McAllen & Harlingen, which has Spurred Regional Residential Growth
  • 7-Eleven Is the Largest Convenience Store Chain in the World With 86,000 Stores
  • Elsa, TX | McAllen is the largest city in Hidalgo County | Population: 868,707+

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