534 E Garland St - Convenience Store FOR SALE


Grand Saline, TX 75140
$3,454,545 USD
925-348-1844
534 E Garland St, Grand Saline, TX for Sale
$3,454,545 USD
Convenience Store - FOR SALE
1/2
null | 5.5% Cap Rate

534 E Garland St
Grand Saline, TX 75140


HIGHLIGHTS

  • Absolute NNN Lease
  • Zero Landlord Obligations
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • Income Tax Free State
  • Bonus Depreciation Benefits

OVERVIEW

This is the opportunity to purchase a long term absolute NNN leased 7- Eleven in Grand Saline, Texas. 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 U.S Highway 80 and adjacent to Grand Saline City Park.

FOR SALE DETAILS

PRICE

$3,454,545 USD

PRICE/SF

$1,039 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

-

APN/PARCEL ID

R000013422

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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