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, long-term investment in a high-demand retail location.?