Listed by Marcus & Millichap - San Diego
$7,913,216
BRAND NEW 7-ELEVEN W/ GAS | 15 YR NNN W/ 10% RENT INCREASES
Details
APN R000111706
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,870
Cap Rate 5.1%
NOI $403,574
Tenancy Single
Brand/Tenant 7-Eleven, 76 Gas
Lease Type Absolute NNN
Lease Expiration 08/29/2041
Remaining Term 15.2
Rent Bumps Yes
Class A
Year Built 2026
Acreage 1.410
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Retail | 5.10% CAP | 4,870 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310656/7-eleven
Investment highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 Construction featuring a Gas Station.
- 1 Mile from 2,000+ Acre Data Center Development.
- Located Directly On U.S. Highway 377 - one of Granbury’s Primary Commercial Corridors Connecting Fort Worth and the Texas Hill Country, providing Excellent Visibility, Strong Traffic Counts, and Convenient Regional Accessibility.
- Walking Distance from Granbury High School - a Major Community Anchor with over 2,200 Students and Staff, Generating Daily Traffic from Families, School Employees, and after School Activities throughout the Year.
- Affluent Area: Average Household Income of $97k+ within a 5-Mile Radius. Area has Experienced Significant Population Growth Driven by In-Migration from the Dallas Fort Worth Metroplex, with Continued Residential Development Supporting Long Term Demand for Retail and Convenience Oriented Services.
- Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation
- Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A” and an Annual Revenue of more than $78.50 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.
- Granbury benefits from its Proximity to Fort Worth, One of the Fastest Growing Major Cities in the United States, driving Housing Demand, Population Growth, and Increased Consumer Spending throughout Hood County.
- Down the Street from Lake Granbury Medical Center - a 73- Bed, Full Service Hospital Serving Hood County and Surrounding Communities, Generating Consistent Daily Traffic from Physicians, Hospital Staff, Patients, and Visiting Families.
- Near Granbury Regional Airport - supports Corporate Aviation, Tourism, and Private Aircraft Activity, bringing Additional Visitors and Business Travel into the Area and Supporting Continued Economic Growth.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$403,574.00
$33,631.17/mo
Valuation Metrics
0
DSCR
5.1%
Cap Rate
5.1%
ROI
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