7-Eleven w/ Laredo Taco Edinburg, TX

814 S Closner Blvd
Edinburg, TX

Price: $5,123,000
Cap Rate: 5.00%
NOI: $256,130
Building Size: Approx. 4,730 Sq. Ft.
Lot Size: Approx. 1.088 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,730+/- SF Building on 1.088+/- 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 S Closner Blvd (8K VPD) & E Sprague Street (4.2K VPD)
  • Close Proximity to the University of Texas Rio Grande Valley w/ Over 32,000 Students
  • Dominant Demographics w/ a Population of Over 68K Residents within a 3 Mile Radius of the Site
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Edinburg  |  North of McAllen  |  Population: 102,000+