7-Eleven Denton, TX

3012 East University Drive
Denton, TX

Price: $3,208,000
Cap Rate: 4.65%
NOI: $149,166
Building Size: Approx. 2,506 Sq. Ft.
Lot Size: Approx. 0.74 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2000

Investment Overview

  • 2019 Rebuild 2,506+/- SF Building on 0.74 +/- Acre Site
  • 15-year corporate absolute NNN lease with a 10% increase in each option period
  • Located at intersection of two highways at US-380 “University Dr.” (38,343 VPD) and Loop 288 (28,967 VPD)
  • Close proximity to two colleges | University of North Texas (37,393 students) and Texas Woman’s University (15,000 students)
  • Within a 5-miles radius there are 119,901 people and 55,024 employees
  • Located approximately 41-miles northwest of downtown Dallas, TX