1203 N Pacific St - Service Station FOR SALE


Mineola, TX 75773
$3,721,154 USD
646-921-9713
1203 N Pacific St, Mineola, TX for Sale
$3,721,154 USD
Service Station - FOR SALE
1/3
null | 5.2% Cap Rate

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

OVERVIEW

Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

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

ASK ABOUT THIS PROPERTY

Michael TamirMatthews Real Estate Investment ServicesMore Info
646-921-9713

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Michael TamirMatthews Real Estate Investment ServicesMore Info
646-921-9713

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