730 TX-31 W - Retail FOR SALE


Chandler, TX 75758
$4,165,217 USD
925-348-1844
730 TX-31 W, Chandler, TX for Sale
$4,165,217 USD
Retail - FOR SALE
1/2
null | 6.18% Cap Rate

730 TX-31 W
Chandler, TX 75758


HIGHLIGHTS

  • Absolute NNN Lease
  • Zero Landlord Responsibilities
  • Corporate Guarantee - Backed by 7-Eleven Corporate (S&P: AA-)
  • Located in Strong Texas Market - Income Tax Free State
  • Along State Highway 31

OVERVIEW

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. 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 offered 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 offers investors a secure, longterm investment in a high-demand retail location.

FOR SALE DETAILS

PRICE

$4,165,217 USD

PRICE/SF

$521 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Absolute NNN Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0799-2890-0000-12

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.