802 TX-110 - Service Station FOR SALE


Whitehouse, TX 75791
$3,391,304 USD
925-348-1844
802 TX-110, Whitehouse, TX for Sale
$3,391,304 USD
Service Station - FOR SALE
1/2
null | 5.75% Cap Rate

802 TX-110
Whitehouse, TX 75791


HIGHLIGHTS

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

OVERVIEW

This is the opportunity to purchase a long term absolute NNN leased 7- Eleven in Whitehouse, 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 Texas Highway 110 with exposure to 17.000 vehicles per day and 0.4 miles from Whitehouse Town Center Shopping Mall.

FOR SALE DETAILS

PRICE

$3,391,304 USD

PRICE/SF

$1,332 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

F10

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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