7-Eleven Rockwall, TX

1050 W Rusk St
Rockwall, TX

Price: $3,341,000
Cap Rate: 5.00%
NOI: $167,059
Building Size: Approx. 3,062 Sq. Ft.
Lot Size: Approx. 1.08 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2019

Investment Overview

  • 2019 Construction. 3,062+/- SF Building on 1.08+/- Acre Site
  • New 15 Year Corp Lease w/ 10% Rent Bump After Year 10
  • Located along HWY-66 (24K VPD) & Lakeshore Dr (11K VPD)
  • Gateway to the City of Rockwall & Lake Ray Hubbard Boat Launch
  • Near Walmart, Bank of America, Chase, O’Reilly, AutoZone, DQ
  • Rockwall, Continuous Explosive Growth in TX & Across the Nation
  • Ranked #1 in Job Creation in America – 45% Pop Increase since 2000
  • Mayor Employers:  L-3 Comm., Graphic Micro, Mopak Specialties
  • 3-Miles Avg Household Income: $114,474 | 20-Miles SE of Dallas
  • Dallas/Fort Worth (MSA) | 4TH Largest in the U.S | Pop: 7 Million+

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