7-Eleven McAllen, TX

4524 South Ware Road
McAllen, TX

Price: $5,417,000
Cap Rate: 4.35%
NOI: $235,657
Building Size: Approx. 4,971 Sq. Ft.
Lot Size: Approx. 1.204 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2005

Investment Overview

  • 2005 Construction. 4,971+/- SF Building on 1.204+/- Acre Site
  • New 15 Yr Corp Absolute NNN Lease w/ 7.5% Rent Increases
  • Ideal 1031 Replacement Property Qualifying for Bonus Depreciation
  • Near Target, Petco, Office Depot, T.J. Maxx, ROSS Dress for Less, Hobby Lobby
  • Cost of Living in McAllen is 16.2% Lower Than the National Average
  • McAllen Ranks in Top 10 List of Safest Cities in America