Listed by Secure Net Lease
$9,678,000
7-Eleven
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,816
Cap Rate 4.7%
NOI $454,850
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2041
Rent Bumps Yes
Lease Options Four, 5 - Year Options to Renew
Year Built 2026
Acreage 2.060
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2026
Ground Lease No
4.70% CAP | Dallas-Fort Worth MSA Location
Marketing description
- 15-Year Corporate Absolute NNN Lease. Rare NNN lease with 10% rent increases every 5-years, including into option periods.
- Prime Retail Corridor Location with Strong Visibility & Access – Positioned along US Highway 377, the primary north–south artery serving Aubrey and Krugerville, capturing strong commuter, residential, and pass-through traffic in a rapidly growing North Denton County corridor.
- High-Growth Trade Area with Explosive Population Expansion – Located within ZIP 76227, projected to grow from ~36,000 residents (2020) to nearly 69,000 by 2030, driven by new master-planned communities and strong in-migration from across DFW.
- Affluent Demographics Supporting Strong Retail Demand –The trade area features median household incomes of ~$100K–$120K+, providing strong discretionary spending and long-term demand for fuel, convenience, and prepared food offerings.
- Surrounded by Schools & Major Education Anchors – Near Aubrey ISD (multiple campuses within 2–4 miles) and within proximity to University of North Texas (44,000+ students) and Texas Woman’s University, driving consistent daily traffic from students, staff, and families.
- Krugerville / Aubrey, TX: Strategic Location in the DFW Metroplex – Located approximately 45 miles north of Downtown Dallas, with direct access to Denton, Frisco, Plano, and Prosper, positioning the site within one of the fastest-growing and most dynamic regions in the U.S.
- World's Largest Convenience Store Chain - 7-Eleven is the global leader in convenience retail, with over 85,000 locations worldwide, including 15,000+ in the U.S. The company is backed by an "A" credit rating from S&P, ensuring financial stability and a strong tenant profile for investors.
Investment highlights
- New 15-Yr Corp. Absolute NNN Lease | 10% Rent Increases Every 5-Years
- Prime Retail Corridor on US Highway 377 | Major North–South Artery | Strong Commuter & Residential Traffic
- High-Growth Trade Area (ZIP 76227) | ~36,000 to 69,000 Population Growth by 2030 | Rapid DFW In-Migration
- Affluent Demographics Supporting Retail Demand | ~$100K–$120K+ Median Household Income | Strong Spending Power
- Krugerville / Aubrey, TX – Located in the DFW Metroplex | ~45 Miles North of Dallas | Access to Denton, Frisco, Plano & Prosper
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$454,850.00
$37,904.17/mo
Valuation Metrics
0
DSCR
4.7%
Cap Rate
4.7%
ROI
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