7-Eleven Hearne, TX

1637 N Market St
Hearne, TX

Price: $9,379,540
Cap Rate: 5.00%
NOI: $468,977
Building Size: Approx. 6,050 Sq. Ft.
Lot Size: Approx. 4.837 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 6,050+/- SF Building on 4.837+/- Acre Site
  • Brand New 15-Yr Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, and (5), Five-Year Options
  • Dense Trucking Area: Located at the Intersection of Market St (27,655+ VPD) & FM-485 (3,824+ VPD)
  • Large Format 7-Eleven: Building is Over 6,000 SF/4.83 AC & Features 2 Restaurant Concepts: Raise the Roost Chicken & Laredo Taco
  • Subject Property is Adjacent to a Love’s Travel Stop Which Saw Over 1.2M Customers Last Year, Many Other Tenants Along the Corridor
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Hearne  |  20 Miles North of College Station  |  Population: 4,421+