This well located corporate absolute triple net 7-Eleven is at the signalized corner of Eldorado Parkway and Independence Parkway. The combined traffic from these two streets is over 31,000 VPD and the site is half a block from Heritage High School, with its approximately 2,000 students. Higher end homes and quality retail and commercial are close by with other area uses including McDonalds, HEB and Kroger grocery stores and many others.
The area is upper income with average household income at $195,000. The lease features 7.5% rental increases every five years during the primary lease term and during the four 5-year extension options. The property may qualify for 15 year and/or bonus depreciation (contact your CPA for details). Frisco, Texas is in the Dallas-Fort Worth area and has been experiencing tremendous growth of approximately 25% over the last five years.