18 S General Bruce Dr - Convenience Store FOR SALE


Temple, TX 76504
$8,496,000 USD
415-852-5177
18 S General Bruce Dr, Temple, TX for Sale
$8,496,000 USD
Convenience Store - FOR SALE
1/6
null | 5.25% Cap Rate

18 S General Bruce Dr
Temple, TX 76504


HIGHLIGHTS

  • Absolute NNN lease with 13.8 years remaining; tenant responsible for all taxes, insurance, maintenance, and repairs, including roof, and structure
  • 7.5% rental increases every five years during the initial term and all option periods, providing steady long-term income
  • Large-format 7-Eleven with 47 parking spaces and seven gasoline MPDs on a 1.78-acre parcel
  • 7-Eleven, Inc. operates over 78,000 stores worldwide, with 14,000+ in the U.S. and Canada

OVERVIEW

Located along I-35 and W Adams Ave, with high visibility and access to 105,090 VPD. Fully passive investment with tenant responsible for all expenses. 4,650 SF building on a 1.78-acre parcel, featuring 47 parking spaces and 7 fuel pumps. $446,036 NOI with 7.5% rental increases every five years. Built in 2023 to 7-Eleven’s latest prototype. Minutes from downtown Temple and major employers, including Baylor Scott & White Health.

FOR SALE DETAILS

PRICE

$8,496,000 USD

PRICE/SF

$1,827 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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