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7-Eleven Absolute NNN Lease 730 TX-31 W 8,000 SF 100% Leased Retail Building Chandler, TX 75758 $5,792,068 CAD ($724.01 CAD/SF) 6.18% Cap Rate
Investment Highlights
- Absolute NNN Lease
- Corporate Guarantee - Backed by 7-Eleven Corporate (S&P: AA-)
- Along State Highway 31
- Zero Landlord Responsibilities
- Located in Strong Texas Market - Income Tax Free State
Executive Summary
This is a unique opportunity to acquire a long-term, absolute NNN leased 7-Eleven located in Chandler, Texas. The property is corporately guaranteed by 7-Eleven.
The lease agreement is structured with zero landlord obligations and features 7.5% rental increases every 5 years. Additionally, the lease includes three, 5-year options to renew, ensuring a stable income stream over the long term.
The property benefits from its prime location along State Highway 31, a major thoroughfare that further enhances its visibility and access. In addition to the
strong national tenant presence, the site’s strategic positioning in a high-traffic area ensures long-term potential for growth and stability in rental income. This property is offered at a price of $4,165,217, with a cap rate of 6.18% based on a Net Operating Income (NOI) of $257,462.50. It offers investors a secure, longterm
investment in a high-demand retail location.
The lease agreement is structured with zero landlord obligations and features 7.5% rental increases every 5 years. Additionally, the lease includes three, 5-year options to renew, ensuring a stable income stream over the long term.
The property benefits from its prime location along State Highway 31, a major thoroughfare that further enhances its visibility and access. In addition to the
strong national tenant presence, the site’s strategic positioning in a high-traffic area ensures long-term potential for growth and stability in rental income. This property is offered at a price of $4,165,217, with a cap rate of 6.18% based on a Net Operating Income (NOI) of $257,462.50. It offers investors a secure, longterm
investment in a high-demand retail location.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,000 SF
Year Built/Renovated
1993/2021
Price
$5,792,068 CAD
Price Per SF
$724.01 CAD
Cap Rate
6.18%
NOI
$357,950 CAD
Percent Leased
100%
Building Height
1 Story
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0799-2890-0000-12 | Improvements Assessment | $244,558 CAD |
| Land Assessment | $127,121 CAD | Total Assessment | $371,679 CAD |
Property Taxes
Parcel Number
0799-2890-0000-12
Land Assessment
$127,121 CAD
Improvements Assessment
$244,558 CAD
Total Assessment
$371,679 CAD
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7-Eleven Absolute NNN Lease | 730 TX-31 W
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