7-Eleven East Boulevard & E X St, TX

East Boulevard & E X St, TX

Price: $6,711,800
Cap Rate: 4.25%
NOI: $285,250
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 1.62 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,842+/- SF Building on 1.62+/- Acre Site
  • Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases
  • Excellent Hard Corner Location at East Blvd. & E X St. Just Off Pasadena Fwy (64K VPD)
  • Approved 8 MPDs on Site – Likely Will Qualify for 100% Bonus Depreciation
  • Near Walmart, Advance Auto Parts, Dollar General, Chevron, Walgreens, Jack in the Box
  • Strong Income Demos w. Est. $129,004 Within a 1-Mile Radius
  • Deer Park | Birthplace of Texas | Population: 33,000+