Category: Property Sale

Secure Net Lease, a nationally recognized brokerage firm, has completed the simultaneous sale of two brand-new McDonald’s ground-lease assets in Prosper and McKinney, Texas. The properties were acquired by a Dallas-based private investor executing a 1031 exchange, underscoring the persistent demand for high-quality net-lease real estate in North Dallas’ rapidly growing suburbs.

Anthony Pucciarello, who led the transaction, noted, “We initially brought the McKinney site to market, but interest really picked up when we introduced the Prosper location. That’s when we connected with a local Dallas-based buyer who was in a 1031 exchange and saw an opportunity to acquire both. He purchased the properties with the intention of holding them long-term as part of his family’s real estate portfolio.”

The Prosper asset is a ±4,285-square-foot freestanding McDonald’s located at the hard corner of Frontier Parkway and the Dallas North Tollway—a pad to a forthcoming 132,000-square-foot H-E-B slated to open in 2025. Surrounded by master-planned communities, top-ranked Prosper ISD schools and an average household income of roughly $165,000 within five miles, the site is positioned for long-term stability.

Roughly 15 miles southeast, the McKinney property—also ±4,285 square feet—sits along the busy US-380 / University Drive corridor at Coit Road. More than 183,000 residents with an average household income above $181,000 live within a five-mile radius, while multiple elementary and high schools across the street drive consistent daytime and evening traffic.

The dual-asset closing highlights Secure Net Lease’s ability to package complementary properties and navigate complex multi-site due-diligence processes. Leveraging deep developer relationships and local market knowledge, the team delivered an efficient, all-cash closing that satisfied the buyer’s exchange timeline despite a challenging financing environment.

McDonald’s Corporation, headquartered in Chicago, Illinois, remains the world’s largest quick-service restaurant company with more than 41,800 locations across over 100 countries. Its enduring brand equity, industry-leading drive-thru innovations and broad customer loyalty continue to position McDonald’s ground-lease assets among the most sought-after investments in the net-lease marketplace.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4 billion in sales and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net-lease investments across the nation. Historically, 88 percent of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a Murphy USA located in Dallas, Texas. The buyer was an out of state all cash buyer that loved the property due to the site’s projected outstanding site visit numbers. The seller—a merchant developer—benefited greatly from the buyer’s quick decision making and all-cash closing.

Kyle Varni, who facilitated the transaction, shared, “This was a deal that took a little longer to find a buyer than we originally expected, but as soon as the store opened for business and we were able to get projected store visit numbers we had a lot more buyer interest. We were then able to source an all cash buyer from out of state that loved the projected high performance. The buyer was willing to move extremely quickly and close with all cash, which created a super smooth and fast transaction.”

The 2,824-square-foot convenience store is situated in a densely populated corridor of Dallas with strong traffic counts and significant retail presence. The property sold at a very aggressive cap rate that was close to our list price.

“It honestly couldn’t have gone easier once we opened escrow due to our track record with Murphy USA and the knowledge of the trade area” Varni concluded.

This transaction exemplifies Secure Net Lease’s track record and expertise selling C-Store properties in a market that we are extremely familiar with, while maintaining seamless execution and delivering value for both buyers and sellers.

Based in El Dorado, Arkansas, Murphy USA is a leading retailer of gasoline and convenience merchandise. They operate over 1,720 stores with over 15,000 employees that serve customers in 27 states. Their sites are located in close proximity to Walmart stores, but also operate standalone stores under the names Murphy Express and QuickChek.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a 7-Eleven property located in Caldwell, Texas. The asset was purchased by a private investor from Texas, as part of a broader depreciation strategy that has driven multiple acquisitions throughout 2024.

Edward Benton, who led the transaction, said, “A Texas-based depreciation buyer purchased this 7-Eleven in Caldwell, Texas. We’ve completed multiple 7-Eleven transactions together throughout 2024, and there are several more in the works.”

The 4,650-square-foot property is situated in a high-growth corridor with strong traffic counts and consistent demand for convenience retail. Its visibility and tenant strength made the property an ideal addition to the buyer’s investment portfolio. The site is situated in the College Station Metropolitan Statistical Area (MSA), home to Texas A&M University, the 3rd largest university in the nation with a student body of 68,000+.

“The buyer has been very reliable and motivated, and this deal is one of many we’ve successfully executed as part of an ongoing relationship” Benton concluded.

The seller benefited from Secure Net Lease’s efficient process and established relationships with ready-to-close investors. This transaction highlights Secure Net Lease’s continued ability to match motivated buyers with well-positioned net lease assets.

7-Eleven, Inc., headquartered in Irving, Texas, is the global leader in convenience retailing. The brand operates, franchises, or licenses more than 85,000 stores across 20 countries. Known for its innovation and rapid expansion, 7-Eleven continues to be one of the most trusted names in the retail landscape.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a 7-Eleven property located in Sinton, Texas. The deal was completed with a repeat private investor from Texas, who was motivated by depreciation benefits and has actively acquired multiple 7-Eleven assets throughout 2024.

Edward Benton, who completed the transaction, shared, “This 7-Eleven in Sinton, Texas was acquired by a depreciation-motivated buyer based in Texas. I’ve closed several 7-Eleven deals with them in 2024, and we already have more in the pipeline.”

The Sinton location comprises 4,650 square feet and is strategically positioned along a high-traffic thoroughfare in a growing South Texas market. Sinton, Texas is located about 20 Miles North of Corpus Christi, the 8th most populous city in Texas. Sinton benefits from the 316,240+ residents of Corpus Christi, helping to employ the oil industry of South Texas. The store’s visibility, access, and strong convenience-based demand made it an attractive opportunity for the buyer.

“They’ve been a great buyer to work with, and this transaction is just one of many we’ve successfully completed together” Benton concluded.

The seller benefited from Secure Net Lease’s streamlined closing process and strong buyer relationships. This transaction further illustrates Secure Net Lease’s ability to pair repeat, qualified buyers with high-performing net lease assets in prime markets across the country.

7-Eleven, Inc., headquartered in Irving, Texas, is the global leader in convenience retailing. The brand operates, franchises, or licenses more than 85,000 stores across 20 countries. Known for its innovation and rapid expansion, 7-Eleven continues to be one of the most trusted names in the retail landscape.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a Wendy’s property located in Orangeburg, South Carolina. The asset was purchased by a private investor from Colorado executing a 1031 exchange. The transaction offered exceptional value for the buyer and demonstrated Secure Net Lease’s continued execution in identifying attractive net lease opportunities.

Todd Lewis, who facilitated the transaction, shared, “The Wendy’s deal in Orangeburg was a really great one. It had a strong cap rate, and we ended up selling it to a 1031 exchange buyer. Everything went smoothly, and the buyer was a pleasure to work with.”

This 2,262-square-foot quick-service restaurant is strategically located on a high-visibility corridor with strong surrounding demographics. Orangeburg County has a population of 85k+ people and is conveniently located 37 miles southeast of Columbia, SC and 75 miles east of Charleston, SC. Wendy’s, one of the largest and most recognizable fast-food brands in the U.S., continues to demonstrate resilience and strong market presence. This location’s long-term lease and solid tenant profile made it especially appealing to passive investors seeking dependable cash flow in the retail net lease sector.

“Our client was really happy with how it turned out. Plus, the deal included some extra signage income, which made it even better” Lewis concluded. The transaction highlights Secure Net Lease’s ability to match well-qualified buyers with stable, income-generating properties in markets nationwide.

Wendy’s is one of the most recognizable fast-food chains globally, and is the fifth largest QSR brand in the U.S. with $2.19B in revenue. It has over 6,200 locations across the world that employ over 56,000 people. They are known for its square hamburgers, sea salt fries, and signature Frosty desserts. It emphasizes fresh, never-frozen beef and offers a variety of sandwiches, salads, and sides.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a 7-Eleven in Gallatin, Tennessee. The deal was secured with a repeat private investor from Georgia who was motivated by depreciation benefits.

Edward Benton, who oversaw the deal, shared, “We sold this 7-Eleven site in Gallatin, Tennessee to a buyer that Matt Scow from our team introduced. It was a depreciation-motivated investor we’ve worked with on multiple transactions in the past, which made for a smooth and efficient closing thanks to the strong relationship and trust we’ve built over time.”

The property, located at 214 Big Station Camp Blvd., is a 4,650-square-foot convenience store situated in a high-growth suburb northeast of Nashville. The site features prime positioning along a well-trafficked corridor near residential communities, new developments, and regional retail anchors, making it a valuable asset in the investor’s portfolio.

This transaction exemplifies Secure Net Lease’s ability to navigate the current lending environment and structure deals that close smoothly—even amid market fluctuations. Leveraging the team’s experience and long-standing client relationships, the firm once again demonstrated its knack for pairing high-quality net lease investments with motivated buyers.

7-Eleven, Inc., headquartered in Irving, Texas, is the global leader in convenience retailing. The brand operates, franchises, or licenses more than 85,000 stores across 20 countries. Known for its innovation and rapid expansion, 7-Eleven continues to be one of the most trusted names in the retail landscape.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has completed the successful sale of a 7-Eleven in Aiken, South Carolina. The property was acquired by a private buyer pursuing a 1031 exchange and motivated by depreciation benefits. Notably, the buyer had a pre-existing relationship with the seller, leading to a highly efficient and expedited transaction process.

Matthew Scow, the agent who led the deal, remarked, “This 7-Eleven in Aiken, South Carolina is one of the larger truck stop-style locations. The buyer was already familiar with the seller, which made for an exceptionally smooth transaction. Both the PSA and due diligence phases went quickly and efficiently because of their direct working relationship.”

Located on a high-traffic corridor, the 4,650-square-foot 7-Eleven benefits from strategic placement in a growing market area. Aiken, known for its accessibility and economic development, has increasingly attracted national tenants and commercial growth. The property caters to both everyday convenience customers and long-haul truck drivers, enhancing its role as a robust investment opportunity in the net lease space.

“Sometimes you get lucky with deals like this—everything aligned, and we were able to close ahead of schedule. The buyer was motivated by depreciation benefits, and we’re optimistic this will lead to more deals with this developer in the future” Scow concluded.

The transaction was completed ahead of schedule, highlighting the efficiency and cooperation between both parties. The buyer’s familiarity with the seller helped streamline negotiations and accelerate the due diligence process, resulting in a seamless closing experience and reinforcing the strength and appeal of this investment.

7-Eleven, Inc. remains the world’s leading name in convenience retailing. Headquartered in Irving, Texas, the company operates, franchises, or licenses more than 85,000 stores across 20 countries. It is a brand synonymous with consistent expansion and innovation within the retail sector.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, successfully completed the sale of an Advance Auto Parts property located in Round Rock, Texas. The property was acquired by a local Texas-based investor executing a 1031 exchange—marking the third net lease acquisition the buyer has made with the same developer through Secure Net Lease.

The agent who led the transaction, Anthony Pucciarello, commented, “This Advance Auto Parts in Round Rock was purchased by a local Texas-based investor completing a 1031 exchange. He’s actually the same buyer who previously acquired the Advance Auto Parts and Starbucks in Hondo, TX, also from the same developer and through our team.”

The Round Rock Advance Auto Parts location features a 6,882-square-foot building on a prominent retail corridor within one of the fastest-growing cities in the Austin metropolitan area. Round Rock, often noted for its booming population and business-friendly environment, is home to major employers such as Dell Technologies and draws continued retail expansion due to its robust demographic trends and economic growth.

“He had a strong interest in this Round Rock location from the start—we went under contract while the building was still under construction. It was a smooth, straightforward transaction, and we didn’t even need to fully take it to market because it immediately caught his attention” Pucciarello concluded.

This transaction closed in an all-cash deal and reflects a continuing trend of local investors seeking recession-resistant, single-tenant net lease investments, particularly those backed by nationally recognized brands with solid credit and long-term leases.

Advance Auto Parts, headquartered in Raleigh, North Carolina, is a leading automotive aftermarket parts provider serving both professional installer and do-it-yourself customers. With thousands of stores across the U.S., the company has maintained its reputation for reliability and service in a highly competitive sector.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, successfully arranged the sale of a 7-Eleven in Heartland, Texas. The property was acquired by a repeat private investor from Monterey, CA, as part of a 1031 exchange.

The agent who orchestrated the deal, Edward Benton, said, “A repeat exchange buyer recently acquired this 7-Eleven in Heartland, marking our second successful transaction with him. This was an all-cash, lower-price-point deal as part of his 1031 exchange.”

This 7-Eleven property is a 4,872-square-foot convenience store situated at 6604 FM 741 in Heartland, TX. It is positioned at a hard corner location with significant traffic exposure—serving as the entrance to Heartland from I-20, which sees over 41,100 vehicles per day. The surrounding trade area boasts strong income demographics, with median household income exceeding $93,600 within five miles. The property is also near several schools, including Barbara Walker Elementary School, Hollis T. Dietz Elementary School, the Goddard School, and Crandall Middle School.

Heartland is a 2,100-acre master-planned community that attracts families seeking a balance between nature and city life. The area continues to experience strong demand, given its location within the DFW Metroplex—one of the fastest-growing regions in the U.S., with a population exceeding 7.6 million.

“Last February, we sold him another 7-Eleven in the Dallas-Fort Worth area. Thanks to the trust we built in that first transaction, this deal was exceptionally smooth” Benton concluded.

The deal highlights Secure Net Lease’s ability to facilitate seamless transactions between repeat buyers and high-quality net lease investments.

7-Eleven, Inc. is the premier name and largest chain in the convenience-retailing industry. Based in Irving, TX, 7-Eleven operates, franchises, and/or licenses more than 85,000 stores in 20 countries. They continue to develop new stores year-round and are constantly thinking of innovative ways to increase consumer engagement.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, successfully closed the sale of a 7-Eleven in Georgetown, Texas, located just north of Austin. The property was sold in an all-cash transaction to a private investor from San Diego, CA, who was motivated by a 1031 exchange.

The agent who facilitated the deal, Edward Benton, commented, “You don’t see a lot of these assets on the market, so the buyer was eager to secure a spot in the Austin area. We had a strong existing relationship with them, and when another site didn’t work out, we were able to seamlessly transition them to this Georgetown 7-Eleven.”

The 4,190-square-foot 7-Eleven sits on 1.49 acres on Williams Drive in Georgetown, TX, on a signalized, hard-corner location with over 23,900 vehicles per day. The site features 14 parking spaces and 8 gasoline MPDs, making it a high-traffic convenience and fuel destination. 

“It was a smooth transaction—we achieved strong pricing, and once it was under contract, they closed all-cash. They enjoy working with us because we make the process easy, and this deal was no exception.” Benton concluded.

Georgetown is a rapidly growing suburb of Austin, strategically positioned along Interstate 35, the major corridor between Dallas and San Antonio. The area has seen significant economic expansion, including the recent development of GAF Energy’s new 450,000-square-foot solar manufacturing facility, expected to bring over 265 jobs to the area. The adjacent H-E-B Plus expansion further underscores the area’s strong retail demand.

This transaction highlights Secure Net Lease’s expertise in sourcing motivated 1031 exchange buyers and securing premium pricing for high-performing net lease assets in competitive markets.

7-Eleven, Inc. is the premier name and largest chain in the convenience-retailing industry. Based in Irving, TX, 7-Eleven operates, franchises and/or licenses more than 85,000 stores in 20 countries. They continue to develop new stores year-round and are constantly thinking of innovative ways to increase consumer engagement.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.