7-Eleven Heartland, TX

6604 FM741
Heartland, TX

Price: $6,891,000
Cap Rate: 5.00%
NOI: $344,515
Building Size: Approx. 4,872 Sq. Ft.
Lot Size: Approx. 1.25 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 4,872+/- SF Building on 1.25+/- Acre Site
  • Rare 15-Year Corporate Absolute NNN Lease w/ 7.5% Rental Increases
  • Excellent Hard Corner Location at the Intersection of Heartland Parkway & FM 741 (14,475+ VPD) and Right off of Interstate 20 (41,100+ VPD).
  • Strong Income Demographics Within the Immediate Trade Area w/ a Median HH Income of $93K+
  • Heartland is a 2100-Acre Community with Affordable Homes in Nature, Perfect for Families Seeking a Hometown Feel.
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
  • Heartland | Located Within the DFW Metroplex | MSA Population: 8,509+

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