7-Eleven

Subject Property

Lavon, TX

Price: $3,700,000
Cap Rate: 4.9%
NOI: $181,200
Building Size: Approx. 3,010 Sq. Ft.
Lot Size: Approx. 1.11 Acres
Status: Available
Sub Category: Convenience / Gas
Year Built: 2019

Investment Overview

  • 2019 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
  • New 15 Year Corp Lease w/ 10% Rent Bumps After Year 10
  • Located along TX-78 (27K VPD) and TX-205 (11K VPD)
  • Caddy-corner to Master Planned Grand Heritage (795+ Homes)
  • Signalized Hard Corner, Near Lake Lavon & Lake Ray Hubbard
  • Near Wylie East HS (1,820 Students) | Firewheel Town Center (1M+ S.F)
  • Lavon is adjacent to DFW Metro – Leading the U.S in population growth
  • DFW is thriving w/ Co.’s like American Airlines, AT&T, Exxon Mobil, Toyota
  • Attractions: Six Flags, AA Center, AT&T Stadium, Fort Worth Stockyards
  • 1-Miles Avg HH Income: $112,047 | 30-Miles NE of Downtown Dallas
  • Dallas/Fort Worth (MSA) | 4TH Largest in the U.S | Population: 7 Million+