7-Eleven Mission, TX

1901 3 Mile Line Rd
Mission, TX

Price: $6,315,000
Cap Rate: 4.35%
NOI: $274,719
Building Size: Approx. 5250 Sq. Ft.
Lot Size: Approx. 1.206 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2004

Investment Overview

  • 2004 Construction. 5,250+/- SF Building on 1.206+/- Acre Site
  • New 15 Yr Corp Absolute NNN Lease w/ 7.5% Rent Increases
  • Ideal 1031 Replacement Property Qualifying for Bonus Depreciation
  • Excellent Hard Corner Location at Signalized Intersection (33K VPD)
  • Near Walmart, Walgreens, H-E-B, Whataburger, Dollar General, Goodwill
  • McAllen-Edinburg-Mission MSA is the Retail Center For South Texas
  • Mission | Known as “Home of the Grapefruit” | Population: 83,000+