7-Eleven w/ Laredo Taco Alamo, TX

447 East Frontage Road
Alamo, TX

Price: $7,681,000
Cap Rate: 5.25%
NOI: $403,251
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 2.644 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2022 Construction. 4,650+/- SF Building on 2.644+/- Acre Site
  • New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
  • Large Format 7-Eleven Travel Center – New Store Includes a Laredo Taco, 50 ft LED Illuminated Pylon Sign With 224 SF of Surface Area, 8 MPDs, 3 High Speed Diesel Lanes, 38 Parking Spaces, and 7 Semi-truck Parking Spaces.
  • Located at the Southeast Corner of E Expy 83 & Tower Rd (112,000+ VPD | 7,800+ Trucks / Day)
  • Less than 1.5 Miles East of Mercadome Flea Market, the Largest Flea Market in the Rio Grande Valley
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Alamo | Located in the Rio Grande Valley | RGV Population: 1.4M+

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