1203 N Pacific St - Service Station FOR SALE
Mineola, TX 75773 |
$3,721,154 USD
646-921-9713
1203 N Pacific St
Mineola, TX 75773
HIGHLIGHTS
- Best-In-Class Guarantor: 7-Eleven, Inc. is the premier name in the convenience retailing industry coming up on their 100 year anniversary in 2027
- Iconic Brand: 84,500 locations worldwide, 13,000+ in the United States and Canada. In addition to their 7-Eleven stores
- High Traffic: Situated at the high-traffic intersection of N Pacific St (+14,600 VPD) and Greenville Hwy (+7,100 VPD)
- Absolute NNN Lease: Absolute NNN lease offering zero landlord responsibilities
- Long-Term Lease: ±10.5 years remaining on the base term of the lease with an additional three, 5-year renewal options
- Hedge Against Inflation: Includes 7.5% rental increases every 5 years, with three 5-year options to renew
FOR SALE DETAILS
PRICE
$3,721,154 USD
PRICE/SF
$1,557 USD /SF
CAP RATE
5.2%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-ELEVEN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,136 SF
ZONING
-
APN/PARCEL ID
R36494
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646-921-9713
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646-921-9713
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