1501 N Central Expy - Service Station FOR SALE
Plano, TX 75075 |
1501 N Central Expy
Plano, TX 75075
HIGHLIGHTS
- Absolute Net Ground Lease Featuring Favorable Increases in 2029 and 2030 of the Initial Term and 10% Increases at Each Option.
- This Site Features a Gas Station and C-Store.
- Densely Populated and Affluent Area: Features an Average Household Income of $122k+ and over 334k People Residing w/in a 5-Mile Radius.
- Strong Daytime Employment Area - Near Numerous Established Business Parks, Medical & Regional Office Spaces, Distribution Centers, Industrial & more.
- Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A”.
- Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
7-ELEVEN w/ GAS | ABSOLUTE NET GROUND LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Service Station, Storefront
TOTAL BUILDING SIZE
3000
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R-0537-001-0010-1
