CORP 7-11 W/ GAS | ABS NET GROUND LEASE

  • $1.8M
12103 Webb Chapel Road, Farmers Branch, Dallas, TX 75234, USA

CORP 7-11 W/ GAS | ABS NET GROUND LEASE

12103 Webb Chapel Road, Farmers Branch, Dallas, TX 75234, USA
  • $1.8M

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
sqft

Description

Marketing Description
Corp. 7-Eleven w/ Gas Station | Absolute Net Ground Lease
Strong Central Location | Hard Corner | Recent 15-Year Lease Extension

Investment Highlights
Recent 15 Year Lease Extension Demonstrating a Strong Commitment to the Location. Absolute Net Ground Lease Featuring Favorable Increases in 2024, 2025, 2029 and 2030 of the Initial Term and 10% Increases at Each Option.
Features Easy Access and Excellent Visibility at a Prime Hard Corner to Combined Daily Traffic Counts Exceeding 40k+ Vehicles. Strong Signage that is Highly Visible from the I-635 (250k+ VPD).
Across the Street from Dallas Medical Center A 155-Bed, 24-Hour Full-Service Acute Care Hospital with over 400 Physicians and 600 Employees.
Affluent and Densely Populated Area: Features an Average Household Income of more than $94k and 263k+ People Residing within a 5-Mile Radius.
Ranked #167 on Fortune Global 500 List. S&P Investment Grade Credit Rating of “AA-”.
Near Numerous National Retailers such as Home Depot, CVS, Office Depot, Burlington, LA Fitness, ALDI, Starbucks and more.

Details

Updated on June 14, 2019 at 1:43 am
  • Property ID: 10992
  • Price: $1.8M
  • Property Size: 2940 sqft
  • Year Built: 1968
  • Property Type: Retail
  • Property Status: For Sale
  • Price Per/Sf: 614.39
  • Lot Size (acres): 0.69
  • Last Remodel Year: 2008
  • Tenancy: Single
  • Cap Rate: 4.75%
  • Net Operating Income: 85,800
  • Investment Type: Net Lease

Additional details

  • Lease Type: Absolute NNN
  • Tenant Credit: Corporate Guarantee
  • Address 12103 Webb Chapel Road, Farmers Branch, Dallas, TX 75234, USA
  • City Farmers Branch
  • State/county Texas
  • Zip/Postal Code 75234

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What's Nearby?

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Contact Information

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Alvin Mansour
  • Alvin Mansour
  • (858) 373-3184

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Alvin Mansour
  • Alvin Mansour