101 State Highway 31 W - Service Station FOR SALE


Chandler, TX 75758
$4,173,913 USD
925-348-1844
101 State Highway 31 W, Chandler, TX for Sale
$4,173,913 USD
Service Station - FOR SALE
1/1
null | 5.75% Cap Rate

101 State Highway 31 W
Chandler, TX 75758


HIGHLIGHTS

  • 15 Year Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guaranty: Investment Grade Credit
  • 7-Eleven Corporate (S&P: AA-)
  • Located in Strong Texas Market
  • Income Tax Free State

OVERVIEW

This is the opportunity to purchase a long term absolute NNN leased 7- Eleven in Chandler, Texas. This asset is corporately guaranteed by 7- Eleven and operated by Montfront, a franchisee. The lease calls for zero landlord obligations with 7.5% rental increases every 5 years and three, 5 year options to renew. The site benefits being located along State Highway 31.

FOR SALE DETAILS

PRICE

$4,173,913 USD

PRICE/SF

$491 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

-

APN/PARCEL ID

0136-3150-0000-12

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.