Midlothian, TX
Price:
$9,100,000
Cap Rate:
5.00%
NOI:
$454,959
Building Size:
Approx. 4,853 Sq. Ft.
Lot Size:
Approx. 1.43 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2026
Investment Overview
- 2026 Construction. 4,853+/- SF Building on 1.43+/- Acre Site
- Brand New 15-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years, & (4) 5-Year Options to Renew
- Signalized Hard Corner At US Highway 287 And Miller Road(24,000+ VPD), Along a Major Ellis County Commuter Corridor
- Property Sits at Entrance To Major Master-Planned Residential Development – Westside Preserve, a 1,740-Unit Community Developing through 2027
- Strong Employment Base And Institutional Demand Drivers – Midlothian is Anchored by a Durable Industrial and Manufacturing Employment Base
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Midlothian | High-Growth Submarket Within Dallas–Fort Worth Metroplex | Population: 48,527+