7-Eleven Princeton, TX

1601 E Princeton Dr
Princeton, TX

Price: $6,274,000
Cap Rate: 4.60%
NOI: $288,594
Building Size: Approx. 4,050 Sq. Ft.
Lot Size: Approx. 1.33 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,050+/- SF Building on 1.33+/- Acre Site
  • Brand New Build-to-Suit 7-Eleven with 10% Rent Bumps Every 5-Years
  • Located along East Princeton Drive (US-380)
  • Near Valero, Taco Bell, Subway, Dollar Tree, Walmart, Sonic, CVS, Wendy’s
  • Within Walking Distance of Princeton High School (1,420 Students)
  • Strong Income Demos with $102,677 within a 1-mile Radius
  • Princeton| Fast Growing Area Near DFW | Population: 8,900+