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| Price $6,845,000 | Built/Renov 2024 | Tenant 7-Eleven |
| Cap Rate 6.10% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
3,744
| Lease Start
08-01-2024
| #Units
83,282
|
| Price/SF $1,828.26 | Expiration
07-31-2039
| Tenant Type Convenience/Gas |
| NOI $417,530 | R. Term 14.8 | Ownership Fee Simple |
| Rent/SF
$111.52
| Increases 4.0%/5/yrs | Pop 5Mi 10,447 |
| Lot/AC 1.91 | Options 3/5yrs/4% | AHHI 5Mi $154,209 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of N Preston Rd and Future Legacy Dr. N Preston Rd, a major retail corridor, with access to a combined daily traffic count of 13,300 vehicles. The property is within walking distance of Celina High School, which has about 1,000 students and is near the new Martin Elementary School and Moore Middle School....
...New construction
Hard corner intersection
Near major nationals
Highway close
Top 100 MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Traded and rated company
Investment grade tenant
7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 2,539 | 8,146 | 18,411 |
| 2024 Total Population : | 1,441 | 4,850 | 10,585 |
| 2024 Employed Civilian Pop : | 661 | 2,268 | 4,822 |
| 2024 Total Businesses : | 12 | 93 | 336 |
| 2024 Average Household Income : | $ 190,466 | $ 174,910 | $ 153,851 |
| 2024 Total Consumer Spending : | $ 66 M | $ 206 M | $ 423 M |
| 2024 Median Age : | 39 | 38 | 37 |
| 2024 Total Households : | 415 | 1,384 | 3,207 |
| 2024 Pop Age 25+: Bachelor's Degree : | 285 | 1,124 | 2,394 |
| 2024 Average Home Value : | $ 700,769 | $ 677,424 | $ 662,020 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Preston Road | Co Rd 105 | 2022 | 13,324 | 0.23 mi |
| North Louisiana Drive | Hwy 289 | 2022 | 1,129 | 0.29 mi |
| Co Rd 106 | Hwy 289 | 2009 | 430 | 0.88 mi |
| Co Rd 99 | Co Rd 100 | 2009 | 110 | 1.00 mi |
| N Louisiana Dr | Hwy 289C Bus | 2009 | 420 | 1.07 mi |
| Co Rd 132 | Co Rd 102 | 2004 | 400 | 1.55 mi |
| Co Rd 101 | Prairie Meadow Ln | 2009 | 170 | 1.59 mi |
| Co Rd 101 | Co Rd 130 | 2009 | 80 | 1.93 mi |
| N Preston Rd | James Rd | 2009 | 5,890 | 1.93 mi |
| Preston Road | Marilee Rd | 2022 | 9,619 | 2.07 mi |
Franklin, NH
Cap Rate 5.35%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 4,350
Visalia, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 16.10 yrs
Size/SF 3,204
Orangeburg, SC
Cap Rate 5.25%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 4,050
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
