Log In/Sign Up
Your email has been sent.
3975 Mckinney Ranch Pky
McKinney, TX 75070
7-Eleven | Exxon · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Strong Reported Sales | Speak to Broker
- Robust Local Population Growth | 15% Increase in 5 Mile Radius from 2020 to 2024 and 22% Projected Increase from 2024 to 2029
- Investment Grade Credit Tenant, Corporate Guarantee | 7-Eleven Credit Rating: A (S&P) and Baa2 (Moody's)
- 10% Increases Every 5 Years | Significant Lease Term Remaining | Over 10 Years Remaining in Base Term w/ Five; 5-Year Renewal Options
- Signalized Corner Location | Lake Forest Dr & McKinney Ranch Pky Intersection Sees Over 20,000 Vehicles Per Day
EXECUTIVE SUMMARY
SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased 7-Eleven located in the North Dallas suburb of McKinney, Texas. This exceptional investment is secured by an absolute triple net (NNN) lease with over 10 years of remaining term along with 10% increases every 5 years and five 5-year options.
7-Eleven currently operates roughly 12,500 locations in the USA and is the world's largest convenience store operator. With an A credit rating from S&P and a Baa2 rating from Moody's, 7-Eleven is considered an investment grade tenant.
Strategically located in the rapidly growing McKinney with 15% population growth in the last 5 years, the property benefits from superior visibility, an adjacent location to a Walmart SuperCenter and access with traffic counts exceeding 20,000 vehicles per day. The nearby surrounding retail space includes national tenants such as WalMart SuperCenter, Chick-fil-A, Dunkin Donuts and many others.
With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.
7-Eleven currently operates roughly 12,500 locations in the USA and is the world's largest convenience store operator. With an A credit rating from S&P and a Baa2 rating from Moody's, 7-Eleven is considered an investment grade tenant.
Strategically located in the rapidly growing McKinney with 15% population growth in the last 5 years, the property benefits from superior visibility, an adjacent location to a Walmart SuperCenter and access with traffic counts exceeding 20,000 vehicles per day. The nearby surrounding retail space includes national tenants such as WalMart SuperCenter, Chick-fil-A, Dunkin Donuts and many others.
With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,130 SF
Building Class
B
Year Built
2006
Price
$5,020,428 CAD
Price Per SF
$1,603.97 CAD
Cap Rate
5%
NOI
$251,021 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.15 AC
Parking
18 Spaces (5.75 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R-9202-00A-0010-1 | Improvements Assessment | $928,221 CAD |
| Land Assessment | $1,707,856 CAD | Total Assessment | $2,636,076 CAD |
PROPERTY TAXES
Parcel Number
R-9202-00A-0010-1
Land Assessment
$1,707,856 CAD
Improvements Assessment
$928,221 CAD
Total Assessment
$2,636,076 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
