7-Eleven - Net Lease Property for Sale
Denton, TX
Key Investment Metrics
Price
$2,481,087
Cap Rate
5.2%
Net Operating Income
$127,776
Building Size
2880 SF
Lot Size
2,880 SF
Land Area
0.89 Acres
Remaining Term
12 years
Lease Expiration
12/31/2037
Lease Term
29.4 years
Lease Commencement
08/01/2008
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
1997
Occupancy
100%
Tenancy
Single
Rent Increases
1.50% Annually Beginning 2031
About This 7-Eleven Net Lease Property
This 7-Eleven NNN (triple net lease) property is located in Denton, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 2880 square feet of building space and was built in 1997.
With a cap rate of 5.2%, this 7-Eleven net lease property offers stable income potential. The asking price is $2,481,087, making it an attractive option for 1031 exchange investors seeking quality 7-Eleven commercial properties.
Why Invest in 7-Eleven NNN Properties?
- Stable Income: 7-Eleven net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: 7-Eleven is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Denton, TX Market Overview
Located in Denton, TX, this 7-Eleven property benefits from strong local demographics and market fundamentals. The Denton area offers excellent visibility and accessibility, making it an ideal location for 7-Eleven operations and a solid investment for net lease property buyers.