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7-Eleven 447 Frontage Road 4,650 SF Retail Building Alamo, TX 78516 $10,424,731 CAD ($2,241.88 CAD/SF) 5.40% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
- Located at the Southeast Corner of E Expy 83 & Tower Rd (112,000+ VPD | 7,800+ Trucks / Day)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Large Format 7-Eleven Travel Center – New Store Includes a Laredo Taco
- Less than 1.5 Miles East of Mercadome Flea Market, the Largest Flea Market in the Rio Grande Valley
- Alamo | Located in the Rio Grande Valley | RGV Population: 1.4M+
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Building Class
B
Year Built
2022
Price
$10,424,731 CAD
Price Per SF
$2,241.88 CAD
Cap Rate
5.40%
NOI
$562,908 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.64 AC
Frontage
263’ on North Tower Road
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | A1800-00-037-0006-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $6,327 CAD | Total Assessment | $6,327 CAD |
PROPERTY TAXES
Parcel Number
A1800-00-037-0006-00
Land Assessment
$6,327 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,327 CAD
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7-Eleven | 447 Frontage Road
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