7-Eleven Fresno, TX

12325 Hwy 6
Fresno, TX

Price: $4,149,000
Cap Rate: 5.00%
NOI: $207,452
Building Size: Approx. 2,337 Sq. Ft.
Lot Size: Approx. 0.91 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built / Renovated: 1998 / 2019

Investment Overview

  • 2019 Remodel 2,337+/- SF Building on 0.91 +/- Acre Site
  • New 15-year NNN Lease w/ 10% Rent Bumps every 5-years
  • Located along Teel Bend Blvd. (9,000 VPD) and State Hwy. 6 (24,000 VPD)
  • Signalized intersection | Located along busy morning commute side
  • Notable tenants within the area include Kroger, Shell, Petco, Chevron and many more
  • Close proximity to 2 major schools with 2,500 + students
  • Area features fast growth of 12.8% since 2000
  • Above average demographics | $111,219 average household income within 3-miles
  • Subject property has close proximity to downtown Houston| Approximately 21-miles
  • Houston (MSA) | 5th largest city in the U.S.| Population: 6.5 million +