7-Eleven w/ Laredo Taco West Expressway 83 & North Tower Road, TX

West Expressway 83 & North Tower Road, TX

Price: $8,065,050
Cap Rate: 5.00%
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: 2022

Investment Overview

  • 2022 Construction. 4,650+/- SF Building on 2.644+/- Acre Site
  • Brand New 15 Year Corporate Abs. NNN Lease w/ 7.5% Rental Increases Every 5 Years
  • Hard Corner Location at the Signalized Intersection of E Expy 83 & Tower Rd (112K Combined VPD, 7.8 K Trucks Per Day)
  • Large Format 7-Eleven w/ a Laredo Taco, 50 ft LED Pylon Sign, 38 Parking Spaces, 3 High Speed Diesel Lanes, and 8 MPDs
  • Located 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
  • Rio Grande Valley  |  One of the Fastest Growing Regions in the US  |  Population: 1,402,000+