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29647877

730 TX-31, Chandler, TX 75758 For Sale

KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
Listed by The Kase Group
$4,165,217
158 days on market
Updated 157 days ago

7-Eleven

Details
Property Type Retail
Sub Type Gas Station
Cap Rate 6.18%
NOI $257,462
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type Absolute NNN
Lease Expiration 06/29/2035
Remaining Term 9
Rent Bumps Yes
Lease Options Three, 5-Year Options
Investment Type Net Lease

Absolute NNN Lease | 6.18% CAP | Corporate Guarantee

Marketing description

This is a unique opportunity to acquire a long-term, absolute NNN leased 7-Eleven

located in Chandler, Texas. The property is corporately guaranteed by 7-Eleven and

is operated by Montfront, a franchisee. The lease agreement is structured with zero

landlord obligations and features 7.5% rental increases every 5 years. Additionally,

the lease includes three, 5-year options to renew, ensuring a stable income stream

over the long term.

The property benefits from its prime location along State Highway 31, a major

thoroughfare that further enhances its visibility and access. In addition to the

strong national tenant presence, the site’s strategic positioning in a high-traffic

area ensures long-term potential for growth and stability in rental income.

This property is o􀆴ered at a price of $4,165,217, with a cap rate of 6.18% based on

a Net Operating Income (NOI) of $257,462.50. It o􀆴ers investors a secure, long term

investment in a high-demand retail location.

Investment highlights

Absolute NNN Lease with Zero Landlord Responsibilities

7.5% Rental Increases Every 5 Years - Throughout the Primary Term and Option Periods

Corporate Guarantee - Backed by 7-Eleven Corporate (S&P: AA-)

Located in Strong Texas Market - Income Tax Free State

Freestanding Location - Along State Highway 31

Listing Contacts

KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
Listed by The Kase Group

Valuation Calculator

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$257,462.00
$21,455.17/mo

Valuation Metrics

0
DSCR
6.18%
Cap Rate
6.18%
ROI

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