7-Eleven Forney, TX

1340 Farm to Market 548
Forney, TX

Price: $5,326,000
Cap Rate: 4.75%
NOI: $252,980
Building Size: Approx. 4,103 Sq. Ft.
Lot Size: Approx. 1.29 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,103 +/- SF Building on 1.29+/- Acre Site
  • 15 Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
  • Excellent Signalized, Hard Corner Location at the Intersection of Gateway Blvd & FM 548 (20K VPD)
  • Located Directly Across the Street from Diamond Creek, a 167 Unit Luxury Single Family Home Development
  • Near Several Large Retailers Including Walmart Supercenter, Lowe’s, Kroger, ALDI, & More
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Forney  |  Part of the DFW Metroplex  |  Population: 26,500+