7-Eleven Red Oak, TX

694 E Ovilla Rd
Red Oak, TX

Price: $7,976,000
Cap Rate: 5.00%
NOI: $398,801
Building Size: Approx. 4,824 Sq. Ft.
Lot Size: Approx. 1.862 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2025

Investment Overview

  • 2025 Construction. 4,824+/- SF Building on 1.862+/- Acre Site
  • Brand New 15-Year Corp. NNN Lease with 10% Rental Increases Every 5 Years in Primary Term and Option Periods
  • Exceptional Visibility & Access – At Signalized Intersection on E Ovilla Rd (17,540+ VPD), Less than 1 Mile from I-35 (83,800+ VPD)
  • Positioned in Main Trade Corridor Anchored by Walmart, Walgreens, Chick-fil-A, McDonald’s, Starbucks, Brookshire’s, & More
  • Adjacent to Google’s $600M, 285,000 SF Red Oak Data Center – Part of a $2.7B Texas Investment Creating 1,230+ Jobs
  • 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
  • Red Oak | 20 Minutes from Downtown Dallas | Red Oak Population: 20,605+; MSA Population: 8.3M+

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