7-Eleven

2,240 SF | Retail Building | McAllen, TX 78501 | $1,596,491 ($713/SF) | 5.70% Cap Rate

Asking Price $1,596,491

Property Type: Retail
Square Feet: 2,240 SF
Price / Square Foot: $713

Listing Contacts

Connor Shell

Verified Profile

Adam English

Verified Profile

Property Info

Property Overview

7-Eleven, Inc. is the premier name and largest chain in the convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 81,000 Stores Globally in 18 Countries & Regions.

Property Details

Class: C
Year Built: 2001
Stories: 1
Property Subtype: Grocery/Convenience Store
Lot Size (sq. ft): 8,276 SF

Highlights

12 year absolute NNN lease to an investment grade tenant in 7-Eleven, Inc. (S&P:A).
10% rental bump in Q4 2026 and then every 5 years thereafter providing a strong hedge against future inflation.
National tenants in the area include Walmart Supercenter, Target, Costco Wholesale, The Home Depot, H-E-B Plus, and Petco.
Situated along highly trafficked N 23rd St, seeing more than 23,000 VPD.

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