7349 S Custer Rd - Convenience Store FOR SALE
McKinney, TX 75070 |
7349 S Custer Rd
McKinney, TX 75070
HIGHLIGHTS
- Corporate guaranteed lease by QuikTrip Corporation, one of the nation’s largest privately held companies with annual revenues in excess of $11.4B
- Absolute net lease with zero landlord responsibilities
- 15 year lease which commenced in 2008 leaving approximately 2 years remaining on the initial term
- Rent increases between each of the seven 5-year renewal options
- Positioned at entrance to Craig Ranch, a master-planned community with approximately 5,000 planned residences
- Just north of the intersection of Custer Road and Highway 121 with combined traffic counts in excess of 106,000 vehicles per day
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
QuikTrip Gas-Station & Convenience Store
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Service Station
TOTAL BUILDING SIZE
4902
STORIES
1
YEAR BUILT
2007
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R-9383-00A-0010-1
