7-Eleven I Portfolio Property TX-78, Lavon

991 S
TX-78, Lavon

Price: $3,668,000
Cap Rate: 4.75%
NOI: $174,200
Building Size: Approx. 3,010 Sq. Ft.
Lot Size: Approx. 1.11 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2019

Investment Overview

  • 2019 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
  • New 15-Year Corporate Lease with 10% Rent Bumps Every 5-Years
  • Signalized Intersection Located Along TX-78, 27K VDP
  • Near Sonic, Subway, Dollar General, Domino’s, Independent Bank
  • Collin County Population reached 1 Million+ in 2019
  • Dallas-FW was Ranked #2 for “Fastest Growing Economy” by Forbes in 2019
  • Lavon | Adjacent to the DFW Metroplex | ~30 Miles From Dallas
  • Sold as Portfolio Along w/ Locations in Grand Prairie & Conroe, TX