7-Eleven - Net Lease Property for Sale
Red Oak, TX
Key Investment Metrics
Price
$7,976,000
Cap Rate
5.0%
Net Operating Income
$398,901
Building Size
4824 SF
Lot Size
4,824 SF
Land Area
1.862 Acres
Remaining Term
14.9 years
Lease Expiration
11/15/2040
Lease Term
15 years
Lease Commencement
11/15/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years, In Primary & Options
About This 7-Eleven Net Lease Property
This 7-Eleven NNN (triple net lease) property is located in Red Oak, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 4824 square feet of building space and was built in 2025.
With a cap rate of 5.0%, this 7-Eleven net lease property offers stable income potential. The asking price is $7,976,000, 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.
Red Oak, TX Market Overview
Located in Red Oak, TX, this 7-Eleven property benefits from strong local demographics and market fundamentals. The Red Oak area offers excellent visibility and accessibility, making it an ideal location for 7-Eleven operations and a solid investment for net lease property buyers.