7-Eleven Dallas, TX

Dallas, TX

Price: $4,911,000
Cap Rate: 4.50%
NOI: $220,982
Building Size: Approx. 3,060 Sq. Ft.
Lot Size: Approx. 1.02 Acres
Type: Single-Tenant / Retail
Sub Category: Fuel Station
Year Built: 2019

Investment Overview

  • 2019 Construction. 3,060+/- SF Building on 1.02+/- Acre Site
  • New 15-Yr Corp. Abs NNN Lease with 10% rent increases every 5-years in primary term and option periods beginning year 6
  • Strategically located at the signalized corner of Westmoreland Rd. (24,000 VPD) and Singleton Blvd. (20,000 VPD) in the rapidly growing city of Dallas, TX
  • Surrounding major national credit tenants include Walmart, Lowe’s, Ross, Starbucks, Chick-Fil-A and many more
  • Subject property is located 5-miles from downtown Dallas, TX
  • The immediate trade area features strong population demographics of over 77,000 within a 3-mile radius
  • Centrally located between I-30 (150,000 VPD) and I-35, the main freeways in downtown Dallas