7-Eleven McKinney, TX

1550 Hardin Blvd
McKinney, TX

Price: $6,005,000
Cap Rate: 4.00%
NOI: $240,191
Building Size: Approx. 4,100 Sq. Ft.
Lot Size: Approx. 1.03 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,100+/- SF Building on 1.03+/- Acre Site
  • 15-Yr Corporate Absolute NNN Lease w/ 10% Rental Increases
  • Strategically Located Just Off University Drive (84,270 VPD)
  • Near Target, Lowe’s, Kroger, Petco, Office Depot, Home Depot, & More
  • 7-Eleven has Never Defaulted on a Lease in the History of Tenant Operations
  • Strong Income Demos w/ an est. $117,220 within a 5-Mile Radius
  • McKinney |¬† Ranked #1 Best Place to Live in America¬† |¬† DFW MSA