Secure Net Lease Closes Fort Worth 7-Eleven Sale
Matthew Scow Represents Seller in Smooth 1031 Exchange Transaction
Secure Net Lease has successfully completed the sale of a freestanding 7-Eleven located in the Fort Worth / Haslet, Texas market. The property was acquired by a Japan-based 1031 exchange investor seeking bonus depreciation opportunities and long-term stability in high-quality convenience retail assets. The transaction highlights continued international demand for newly constructed net lease properties in top-performing Texas growth corridors.
Matthew Scow, who represented the seller, commented, “This was a very smooth transaction from start to finish with this bonus depreciation buyer. We were able to get the deal done at a really aggressive cap rate for the Haslet and Fort Worth market, which was a great result.”
The 7-Eleven is strategically located on the northeast corner of Sendera Ranch Boulevard and Rancho Canyon Way, just east of U.S. Highway 287, one of the primary transportation corridors serving northwest Tarrant County. Highway 287 connects Fort Worth to northern regions and supports strong local and commuter traffic. The site benefits from exceptional visibility and accessibility within a rapidly growing corridor that has experienced significant residential and commercial expansion in recent years. Additionally, a planned 123,000-square-foot Kroger Marketplace development is positioned directly behind the property, which will further enhance traffic flow and retail synergy in the immediate trade area.
“Everything moved efficiently on both sides and the closing process went very smoothly. The same buyer is also planning on putting in an offer on one of my other 7-Eleven properties as well, so a lot of good came from this one,” Scow concluded.
The asset also benefits from its proximity to major regional infrastructure and demand drivers. It is located approximately 15 minutes north of downtown Fort Worth and 16 miles from Dallas-Fort Worth International Airport, providing convenient access to one of the nation’s busiest air travel hubs. The property is adjacent to the BNSF Alliance Intermodal Facility, a 500-acre logistics hub featuring rail, road, and air connectivity that continues to expand operations. Surrounded by nearly 15,000 homes with an average household income of approximately $169,000, the site is positioned within a strong residential base that supports long-term retail performance and sustained consumer demand..
7-Eleven is the world’s largest convenience store chain, operating more than 85,000 locations globally. The brand’s strong credit profile, essential-service retail model, and consistent consumer traffic make it one of the most sought-after tenants in the net lease market. Investors continue to favor 7-Eleven assets due to their long-term leases, strong corporate backing, and presence in high-visibility, high-growth markets across the United States.
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.
