7-Eleven w/ Laredo Taco Pharr, TX

6024 N Cage Blvd
Pharr, TX

Price: $6,299,000
Cap Rate: 4.35%
NOI: $274,000
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 1.742 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,842+/- SF Building on 1.74+/- Acre Site
  • Brand New 15 Year Corporate Abs. NNN Lease w/ 10% Rental Increases Every 5 Years
  • Large Format 7-Eleven includes a Laredo Taco Restaurant, 34 Parking Spaces, & 10 Gas MPDs
  • Hard Corner Location at the Signalized Intersection off of Interstate 69C (95K VPD)
  • Subject Property Less than 1 Mile from Bert Ogden Arena (Largest Indoor Venue in Deep South Texas)
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Rio Grande Valley  |  Global Leader in Economic Development  |  Population: 1.4 Million+