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7-Eleven 18 S General Bruce Dr 4,650 SF Retail Building Temple, TX 76504 $11,859,737 CAD ($2,550.48 CAD/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,650 SF
Building Class
B
Year Built
2023
Price
$11,859,737 CAD
Price Per SF
$2,550.48 CAD
Cap Rate
5.25%
NOI
$622,631 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.80 AC

NEARBY MAJOR RETAILERS

Dutch Bros
H-E-B
PNC Bank
Texas Roadhouse
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
518608
Land Assessment
$388,565 CAD
Improvements Assessment
$1,469,877 CAD
Total Assessment
$1,858,442 CAD
  • Listing ID: 35165485

  • Date on Market: 2025-03-17

  • Last Updated:

  • Address: 18 S General Bruce Dr, Temple, TX 76504

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