S Dallas Pkwy & Light Farms Way, TX 75009
Price:
$7,434,000
Cap Rate:
5.40%
NOI:
$401,424
Building Size:
Approx. 3,786 Sq. Ft.
Lot Size:
Approx. 1.5 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 3,786+/- SF Building on 1.50+/- Acre Site
- New 15 Year Absolute NNN Lease w/ 7.5% Rent Increases Every 5 Years & Additional Increases in Options
- Large Format 7-Eleven Featuring Upgraded Brick & Stone Construction, 16 Parking Spaces, and 6 Gasoline MPDs
- Strong Income Demos w/ and est. $160,000 Within a 1 Mile Radius of the Property
- Surrounded by Several Affluent Neighborhoods, Schools, and Sport Stadiums
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Celina | Fastest Growing City in North Texas | Population: 26,500+
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